BAY AGING 401(K) PLAN

At the end of 2022, the total retirement plan assets of BAY AGING 401(K) PLAN is $5,221,870.This plan was established in 2014.

At the end of 2022, the total number of retirement plan participants in BAY AGING 401(K) PLAN is 326

In 2022, the average participant retirement account value for BAY AGING 401(K) PLAN is $16,018

In 2022, the estimated average employee contribution amount per participant for BAY AGING 401(K) PLAN is $1,385

In 2022, the estimated average employer match for an employee in BAY AGING 401(K) PLAN is approximately $690

In 2022, BAY AGING 401(K) PLAN allocates $225,221 to match its employees’ contributions, providing an employer match rate of 51.53% of their contributions

In 2022, the total retirement plan asset growth rate of BAY AGING 401(K) PLAN is -6.05%

In 2022, the estimated aggregate retirement account investment gain/loss for BAY AGING 401(K) PLAN is -14.30%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BAY AGING 401(K) PLAN is 0.36%.

Enrollment Features

BAY AGING 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.