GAINWELL TECHNOLOGIES 401(K) PLAN

Overview

Plan Contact

  • Address: 355 LEDGELAWN DRIVE,CONWAY,AK
  • Contact person: JAMES MCCALL
  • Phone: (612) 638-8320

Plan General Information


At the end of 2022, the total retirement plan assets of GAINWELL TECHNOLOGIES 401(K) PLAN is $405,765,964.This plan was established in 2020.

At the end of 2022, the total number of retirement plan participants in GAINWELL TECHNOLOGIES 401(K) PLAN is 10956

In 2022, the average participant retirement account value for GAINWELL TECHNOLOGIES 401(K) PLAN is $37,035

In 2022, the estimated average employee contribution amount per participant for GAINWELL TECHNOLOGIES 401(K) PLAN is $7,059

In 2022, the estimated average employer match for an employee in GAINWELL TECHNOLOGIES 401(K) PLAN is approximately $1,218

In 2022, GAINWELL TECHNOLOGIES 401(K) PLAN allocates $13,348,932 to match its employees’ contributions, providing an employer match rate of 20.70% of their contributions

In 2022, the total retirement plan asset growth rate of GAINWELL TECHNOLOGIES 401(K) PLAN is -4.98%

In 2022, the estimated aggregate retirement account investment gain/loss for GAINWELL TECHNOLOGIES 401(K) PLAN is -16.33%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of GAINWELL TECHNOLOGIES 401(K) PLAN is 0.20%.

Enrollment Features

GAINWELL TECHNOLOGIES 401(K) 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.