CARGAS SYSTEMS INC 401K PLAN

At the end of 2022, the total retirement plan assets of CARGAS SYSTEMS INC 401K PLAN is $10,346,300.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in CARGAS SYSTEMS INC 401K PLAN is 182

In 2022, the average participant retirement account value for CARGAS SYSTEMS INC 401K PLAN is $56,847

In 2022, the estimated average employee contribution amount per participant for CARGAS SYSTEMS INC 401K PLAN is $7,455

In 2022, the estimated average employer match for an employee in CARGAS SYSTEMS INC 401K PLAN is approximately $1,966

In 2022, CARGAS SYSTEMS INC 401K PLAN allocates $357,901 to match its employees’ contributions, providing an employer match rate of 28.32% of their contributions

In 2022, the total retirement plan asset growth rate of CARGAS SYSTEMS INC 401K PLAN is -12.19%

In 2022, the estimated aggregate retirement account investment gain/loss for CARGAS SYSTEMS INC 401K PLAN is -16.20%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of CARGAS SYSTEMS INC 401K PLAN is 0.41%.

Enrollment Features

CARGAS SYSTEMS INC 401K 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.