KANE WAREHOUSING, INC. RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of KANE WAREHOUSING, INC. RETIREMENT SAVINGS PLAN is $28,424,091.This plan was established in 1989.

At the end of 2022, the total number of retirement plan participants in KANE WAREHOUSING, INC. RETIREMENT SAVINGS PLAN is 1282

In 2022, the average participant retirement account value for KANE WAREHOUSING, INC. RETIREMENT SAVINGS PLAN is $22,171

In 2022, the estimated average employee contribution amount per participant for KANE WAREHOUSING, INC. RETIREMENT SAVINGS PLAN is $3,154

In 2022, the estimated average employer match for an employee in KANE WAREHOUSING, INC. RETIREMENT SAVINGS PLAN is approximately $1,576

In 2022, KANE WAREHOUSING, INC. RETIREMENT SAVINGS PLAN allocates $2,021,399 to match its employees’ contributions, providing an employer match rate of 52.62% of their contributions

In 2022, the total retirement plan asset growth rate of KANE WAREHOUSING, INC. RETIREMENT SAVINGS PLAN is 0.24%

In 2022, the estimated aggregate retirement account investment gain/loss for KANE WAREHOUSING, INC. RETIREMENT SAVINGS PLAN is -12.80%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of KANE WAREHOUSING, INC. RETIREMENT SAVINGS PLAN is 0.46%.

Enrollment Features

KANE WAREHOUSING, INC. 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.