DATAFIELD, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of DATAFIELD, INC. 401(K) PLAN is $3,251,403.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in DATAFIELD, INC. 401(K) PLAN is 148

In 2022, the average participant retirement account value for DATAFIELD, INC. 401(K) PLAN is $21,968

In 2022, the estimated average employee contribution amount per participant for DATAFIELD, INC. 401(K) PLAN is $3,606

In 2022, the estimated average employer match for an employee in DATAFIELD, INC. 401(K) PLAN is approximately $882

In 2022, DATAFIELD, INC. 401(K) PLAN allocates $130,616 to match its employees’ contributions, providing an employer match rate of 25.59% of their contributions

In 2022, the total retirement plan asset growth rate of DATAFIELD, INC. 401(K) PLAN is -12.73%

In 2022, the estimated aggregate retirement account investment gain/loss for DATAFIELD, INC. 401(K) PLAN is -18.48%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of DATAFIELD, INC. 401(K) PLAN is 1.18%.

Enrollment Features

DATAFIELD, 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.