CARROT 401(K) PLAN

At the end of 2022, the total retirement plan assets of CARROT 401(K) PLAN is $7,270,493.This plan was established in 2021.

At the end of 2022, the total number of retirement plan participants in CARROT 401(K) PLAN is 239

In 2022, the average participant retirement account value for CARROT 401(K) PLAN is $30,420

In 2022, the estimated average employee contribution amount per participant for CARROT 401(K) PLAN is $18,931

In 2022, the estimated average employer match for an employee in CARROT 401(K) PLAN is approximately $1

In 2022, CARROT 401(K) PLAN allocates $363 to match its employees’ contributions, providing an employer match rate of 0.01% of their contributions

In 2022, the total retirement plan asset growth rate of CARROT 401(K) PLAN is 208.45%

In 2022, the estimated aggregate retirement account investment gain/loss for CARROT 401(K) PLAN is -15.80%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of CARROT 401(K) PLAN is 0.03%.

Enrollment Features

CARROT 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.