BPT 401(K) RETIREMENT PLAN

At the end of 2021, the total retirement plan assets of BPT 401(K) RETIREMENT PLAN is $2,883,813.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in BPT 401(K) RETIREMENT PLAN is 123

In 2021, the average participant retirement account value for BPT 401(K) RETIREMENT PLAN is $23,445

In 2021, the estimated average employee contribution amount per participant for BPT 401(K) RETIREMENT PLAN is $1,439

In 2021, the estimated average employer match for an employee in BPT 401(K) RETIREMENT PLAN is approximately $366

In 2021, BPT 401(K) RETIREMENT PLAN allocates $45,130 to match its employees’ contributions, providing an employer match rate of 25.48% of their contributions

In 2021, the total retirement plan asset growth rate of BPT 401(K) RETIREMENT PLAN is -55.00%

In 2021, the estimated aggregate retirement account investment gain/loss for BPT 401(K) RETIREMENT PLAN is 13.11%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of BPT 401(K) RETIREMENT PLAN is 1.59%.

Enrollment Features

BPT 401(K) RETIREMENT 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.