DAVE, INC. 401K PLAN

At the end of 2022, the total retirement plan assets of DAVE, INC. 401K PLAN is $11,910,504.This plan was established in 2018.

At the end of 2022, the total number of retirement plan participants in DAVE, INC. 401K PLAN is 274

In 2022, the average participant retirement account value for DAVE, INC. 401K PLAN is $43,468

In 2022, the estimated average employee contribution amount per participant for DAVE, INC. 401K PLAN is $17,305

In 2022, the estimated average employer match for an employee in DAVE, INC. 401K PLAN is approximately $6,851

In 2022, DAVE, INC. 401K PLAN allocates $1,877,305 to match its employees’ contributions, providing an employer match rate of 49.65% of their contributions

In 2022, the total retirement plan asset growth rate of DAVE, INC. 401K PLAN is 60.30%

In 2022, the estimated aggregate retirement account investment gain/loss for DAVE, INC. 401K PLAN is -16.00%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of DAVE, INC. 401K PLAN is 0.04%.

Enrollment Features

DAVE, INC. 401K 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.