CANVAS WORLDWIDE LLC RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of CANVAS WORLDWIDE LLC RETIREMENT PLAN is $18,311,714.This plan was established in 2016.

At the end of 2022, the total number of retirement plan participants in CANVAS WORLDWIDE LLC RETIREMENT PLAN is 513

In 2022, the average participant retirement account value for CANVAS WORLDWIDE LLC RETIREMENT PLAN is $35,695

In 2022, the estimated average employee contribution amount per participant for CANVAS WORLDWIDE LLC RETIREMENT PLAN is $6,453

In 2022, the estimated average employer match for an employee in CANVAS WORLDWIDE LLC RETIREMENT PLAN is approximately $1,191

In 2022, CANVAS WORLDWIDE LLC RETIREMENT PLAN allocates $611,275 to match its employees’ contributions, providing an employer match rate of 19.43% of their contributions

In 2022, the total retirement plan asset growth rate of CANVAS WORLDWIDE LLC RETIREMENT PLAN is -4.34%

In 2022, the estimated aggregate retirement account investment gain/loss for CANVAS WORLDWIDE LLC RETIREMENT PLAN is -18.84%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of CANVAS WORLDWIDE LLC RETIREMENT PLAN is 0.30%.

Enrollment Features

CANVAS WORLDWIDE LLC 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.