DATA ELECTRONIC DEVICES INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of DATA ELECTRONIC DEVICES INC. 401(K) PLAN is $11,497,187.This plan was established in 2000.

At the end of 2022, the total number of retirement plan participants in DATA ELECTRONIC DEVICES INC. 401(K) PLAN is 495

In 2022, the average participant retirement account value for DATA ELECTRONIC DEVICES INC. 401(K) PLAN is $23,226

In 2022, the estimated average employee contribution amount per participant for DATA ELECTRONIC DEVICES INC. 401(K) PLAN is $3,583

In 2022, the estimated average employer match for an employee in DATA ELECTRONIC DEVICES INC. 401(K) PLAN is approximately $1,388

In 2022, DATA ELECTRONIC DEVICES INC. 401(K) PLAN allocates $687,485 to match its employees’ contributions, providing an employer match rate of 47.32% of their contributions

In 2022, the total retirement plan asset growth rate of DATA ELECTRONIC DEVICES INC. 401(K) PLAN is 42.59%

In 2022, the estimated aggregate retirement account investment gain/loss for DATA ELECTRONIC DEVICES INC. 401(K) PLAN is 12.96%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of DATA ELECTRONIC DEVICES INC. 401(K) PLAN is 0.33%.

Enrollment Features

DATA ELECTRONIC DEVICES 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.