GARV 401K PLAN

At the end of 2022, the total retirement plan assets of GARV 401K PLAN is $6,250,764.This plan was established in 2007.

At the end of 2022, the total number of retirement plan participants in GARV 401K PLAN is 460

In 2022, the average participant retirement account value for GARV 401K PLAN is $13,588

In 2022, the estimated average employee contribution amount per participant for GARV 401K PLAN is $3,624

In 2022, the estimated average employer match for an employee in GARV 401K PLAN is approximately $644

In 2022, GARV 401K PLAN allocates $296,587 to match its employees’ contributions, providing an employer match rate of 19.84% of their contributions

In 2022, the total retirement plan asset growth rate of GARV 401K PLAN is 0.61%

In 2022, the estimated aggregate retirement account investment gain/loss for GARV 401K PLAN is -17.89%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of GARV 401K PLAN is 0.16%.

Enrollment Features

GARV 401K 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.