FABTEX, INC. 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of FABTEX, INC. 401(K) PROFIT SHARING PLAN is $2,849,537.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in FABTEX, INC. 401(K) PROFIT SHARING PLAN is 114

In 2022, the average participant retirement account value for FABTEX, INC. 401(K) PROFIT SHARING PLAN is $24,995

In 2022, the estimated average employee contribution amount per participant for FABTEX, INC. 401(K) PROFIT SHARING PLAN is $2,505

In 2022, the total retirement plan asset growth rate of FABTEX, INC. 401(K) PROFIT SHARING PLAN is -29.08%

In 2022, the estimated aggregate retirement account investment gain/loss for FABTEX, INC. 401(K) PROFIT SHARING PLAN is -18.10%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of FABTEX, INC. 401(K) PROFIT SHARING PLAN is 0.29%.

Enrollment Features

FABTEX, INC. 401(K) PROFIT SHARING PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.