EWALD AUTOMOTIVE GROUP RETIREMENT SAVINGS PLAN

At the end of 2021, the total retirement plan assets of EWALD AUTOMOTIVE GROUP RETIREMENT SAVINGS PLAN is $30,238,711.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in EWALD AUTOMOTIVE GROUP RETIREMENT SAVINGS PLAN is 499

In 2021, the average participant retirement account value for EWALD AUTOMOTIVE GROUP RETIREMENT SAVINGS PLAN is $60,598

In 2021, the estimated average employee contribution amount per participant for EWALD AUTOMOTIVE GROUP RETIREMENT SAVINGS PLAN is $3,219

In 2021, the estimated average employer match for an employee in EWALD AUTOMOTIVE GROUP RETIREMENT SAVINGS PLAN is approximately $511

In 2021, EWALD AUTOMOTIVE GROUP RETIREMENT SAVINGS PLAN allocates $255,097 to match its employees’ contributions, providing an employer match rate of 15.88% of their contributions

In 2021, the total retirement plan asset growth rate of EWALD AUTOMOTIVE GROUP RETIREMENT SAVINGS PLAN is 14.59%

In 2021, the estimated aggregate retirement account investment gain/loss for EWALD AUTOMOTIVE GROUP RETIREMENT SAVINGS PLAN is 14.91%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of EWALD AUTOMOTIVE GROUP RETIREMENT SAVINGS PLAN is 0.20%.

Enrollment Features

EWALD AUTOMOTIVE GROUP RETIREMENT SAVINGS 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.