IFIXIT 401(K) PLAN

At the end of 2022, the total retirement plan assets of IFIXIT 401(K) PLAN is $4,381,884.This plan was established in 2015.

At the end of 2022, the total number of retirement plan participants in IFIXIT 401(K) PLAN is 209

In 2022, the average participant retirement account value for IFIXIT 401(K) PLAN is $20,965

In 2022, the estimated average employee contribution amount per participant for IFIXIT 401(K) PLAN is $2,758

In 2022, the estimated average employer match for an employee in IFIXIT 401(K) PLAN is approximately $1,253

In 2022, IFIXIT 401(K) PLAN allocates $262,014 to match its employees’ contributions, providing an employer match rate of 45.77% of their contributions

In 2022, the total retirement plan asset growth rate of IFIXIT 401(K) PLAN is -23.93%

In 2022, the estimated aggregate retirement account investment gain/loss for IFIXIT 401(K) PLAN is -18.63%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of IFIXIT 401(K) PLAN is 0.11%.

Enrollment Features

IFIXIT 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.