IVY TECHNOLOGY 401K RETIREMENT SAVINGS PLAN
Overview
Plan Contact
- Address: 11201 ELECTRON DR.,LOUISVILLE,KY
- Contact person: GABOR PAKOZDI
- Phone: (502) 469-8077
Plan General Information
At the end of 2022, the total retirement plan assets of IVY TECHNOLOGY 401K RETIREMENT SAVINGS PLAN is $8,315,423.This plan was established in 2019.
At the end of 2022, the total number of retirement plan participants in IVY TECHNOLOGY 401K RETIREMENT SAVINGS PLAN is 387
In 2022, the average participant retirement account value for IVY TECHNOLOGY 401K RETIREMENT SAVINGS PLAN is $21,486
In 2022, the estimated average employee contribution amount per participant for IVY TECHNOLOGY 401K RETIREMENT SAVINGS PLAN is $3,146
In 2022, the estimated average employer match for an employee in IVY TECHNOLOGY 401K RETIREMENT SAVINGS PLAN is approximately $1
In 2022, IVY TECHNOLOGY 401K RETIREMENT SAVINGS PLAN allocates $448 to match its employees’ contributions, providing an employer match rate of 0.05% of their contributions
In 2022, the total retirement plan asset growth rate of IVY TECHNOLOGY 401K RETIREMENT SAVINGS PLAN is -13.48%
In 2022, the estimated aggregate retirement account investment gain/loss for IVY TECHNOLOGY 401K RETIREMENT SAVINGS PLAN is -16.52%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of IVY TECHNOLOGY 401K RETIREMENT SAVINGS PLAN is 1.15%.
Enrollment Features
IVY TECHNOLOGY 401K RETIREMENT SAVINGS 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.