GALFAB HOLDINGS, INC. 401(K) PLAN

At the end of 2021, the total retirement plan assets of GALFAB HOLDINGS, INC. 401(K) PLAN is $543,026.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in GALFAB HOLDINGS, INC. 401(K) PLAN is 109

In 2021, the average participant retirement account value for GALFAB HOLDINGS, INC. 401(K) PLAN is $4,981

In 2021, the estimated average employee contribution amount per participant for GALFAB HOLDINGS, INC. 401(K) PLAN is $1,055

In 2021, the total retirement plan asset growth rate of GALFAB HOLDINGS, INC. 401(K) PLAN is 38.86%

In 2021, the estimated aggregate retirement account investment gain/loss for GALFAB HOLDINGS, INC. 401(K) PLAN is 11.07%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of GALFAB HOLDINGS, INC. 401(K) PLAN is 0.26%.

Enrollment Features

GALFAB HOLDINGS, INC. 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.