BASLER ELECTRIC 401K PLAN

At the end of 2022, the total retirement plan assets of BASLER ELECTRIC 401K PLAN is $52,513,539.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in BASLER ELECTRIC 401K PLAN is 406

In 2022, the average participant retirement account value for BASLER ELECTRIC 401K PLAN is $129,343

In 2022, the estimated average employee contribution amount per participant for BASLER ELECTRIC 401K PLAN is $5,904

In 2022, the estimated average employer match for an employee in BASLER ELECTRIC 401K PLAN is approximately $1,599

In 2022, BASLER ELECTRIC 401K PLAN allocates $649,557 to match its employees’ contributions, providing an employer match rate of 26.45% of their contributions

In 2022, the total retirement plan asset growth rate of BASLER ELECTRIC 401K PLAN is -26.33%

In 2022, the estimated aggregate retirement account investment gain/loss for BASLER ELECTRIC 401K PLAN is -19.97%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BASLER ELECTRIC 401K PLAN is 0.01%.

Enrollment Features

BASLER ELECTRIC 401K PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.