EARTH NETWORKS 401(K) PLAN

Overview

Plan Contact

  • Address: 12410 MILESTONE CENTER DR,,GERMANTOWN,MD
  • Contact person: HEATHER JOHNSON
  • Phone: (301) 250-4186

Plan General Information


At the end of 2022, the total retirement plan assets of EARTH NETWORKS 401(K) PLAN is $16,074,644.This plan was established in 2003.

At the end of 2022, the total number of retirement plan participants in EARTH NETWORKS 401(K) PLAN is 193

In 2022, the average participant retirement account value for EARTH NETWORKS 401(K) PLAN is $83,288

In 2022, the estimated average employee contribution amount per participant for EARTH NETWORKS 401(K) PLAN is $4,300

In 2022, the estimated average employer match for an employee in EARTH NETWORKS 401(K) PLAN is approximately $1,151

In 2022, EARTH NETWORKS 401(K) PLAN allocates $222,293 to match its employees’ contributions, providing an employer match rate of 26.44% of their contributions

In 2022, the total retirement plan asset growth rate of EARTH NETWORKS 401(K) PLAN is -25.59%

In 2022, the estimated aggregate retirement account investment gain/loss for EARTH NETWORKS 401(K) PLAN is -15.54%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of EARTH NETWORKS 401(K) PLAN is 0.38%.

Enrollment Features

EARTH NETWORKS 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.