GARFF COMPANIES 401(K) RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of GARFF COMPANIES 401(K) RETIREMENT SAVINGS PLAN is $148,172,086.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in GARFF COMPANIES 401(K) RETIREMENT SAVINGS PLAN is 5915

In 2022, the average participant retirement account value for GARFF COMPANIES 401(K) RETIREMENT SAVINGS PLAN is $25,050

In 2022, the estimated average employee contribution amount per participant for GARFF COMPANIES 401(K) RETIREMENT SAVINGS PLAN is $3,018

In 2022, the estimated average employer match for an employee in GARFF COMPANIES 401(K) RETIREMENT SAVINGS PLAN is approximately $426

In 2022, GARFF COMPANIES 401(K) RETIREMENT SAVINGS PLAN allocates $2,523,593 to match its employees’ contributions, providing an employer match rate of 15.27% of their contributions

In 2022, the total retirement plan asset growth rate of GARFF COMPANIES 401(K) RETIREMENT SAVINGS PLAN is -7.90%

In 2022, the estimated aggregate retirement account investment gain/loss for GARFF COMPANIES 401(K) RETIREMENT SAVINGS PLAN is -14.95%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of GARFF COMPANIES 401(K) RETIREMENT SAVINGS PLAN is 0.26%.

Enrollment Features

GARFF COMPANIES 401(K) RETIREMENT SAVINGS 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.