CANAM BRIDGES US INC 401(K) PLAN

At the end of 2022, the total retirement plan assets of CANAM BRIDGES US INC 401(K) PLAN is $11,675,906.This plan was established in 2020.

At the end of 2022, the total number of retirement plan participants in CANAM BRIDGES US INC 401(K) PLAN is 158

In 2022, the average participant retirement account value for CANAM BRIDGES US INC 401(K) PLAN is $73,898

In 2022, the estimated average employee contribution amount per participant for CANAM BRIDGES US INC 401(K) PLAN is $4,297

In 2022, the estimated average employer match for an employee in CANAM BRIDGES US INC 401(K) PLAN is approximately $2,190

In 2022, CANAM BRIDGES US INC 401(K) PLAN allocates $346,145 to match its employees’ contributions, providing an employer match rate of 52.47% of their contributions

In 2022, the total retirement plan asset growth rate of CANAM BRIDGES US INC 401(K) PLAN is -17.71%

In 2022, the estimated aggregate retirement account investment gain/loss for CANAM BRIDGES US INC 401(K) PLAN is -14.20%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of CANAM BRIDGES US INC 401(K) PLAN is 0.14%.

Enrollment Features

CANAM BRIDGES US INC 401(K) 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.