IVAR’S, INC. 401(K) PROFIT SHARING PLAN & TRUST

At the end of 2022, the total retirement plan assets of IVAR’S, INC. 401(K) PROFIT SHARING PLAN & TRUST is $17,168,035.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in IVAR’S, INC. 401(K) PROFIT SHARING PLAN & TRUST is 671

In 2022, the average participant retirement account value for IVAR’S, INC. 401(K) PROFIT SHARING PLAN & TRUST is $25,585

In 2022, the estimated average employee contribution amount per participant for IVAR’S, INC. 401(K) PROFIT SHARING PLAN & TRUST is $1,180

In 2022, the estimated average employer match for an employee in IVAR’S, INC. 401(K) PROFIT SHARING PLAN & TRUST is approximately $213

In 2022, IVAR’S, INC. 401(K) PROFIT SHARING PLAN & TRUST allocates $143,144 to match its employees’ contributions, providing an employer match rate of 17.80% of their contributions

In 2022, the total retirement plan asset growth rate of IVAR’S, INC. 401(K) PROFIT SHARING PLAN & TRUST is -19.74%

In 2022, the estimated aggregate retirement account investment gain/loss for IVAR’S, INC. 401(K) PROFIT SHARING PLAN & TRUST is -18.59%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of IVAR’S, INC. 401(K) PROFIT SHARING PLAN & TRUST is 0.51%.

Enrollment Features

IVAR’S, INC. 401(K) PROFIT SHARING PLAN & TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.