KAREO, INC. 401(K) PLAN
Overview
Plan Contact
- Address: 3353 MICHELSON, SUITE 400,IRVINE,CA
- Contact person: AMANDA PIWONKA
- Phone: (949) 247-5660
Plan General Information
At the end of 2022, the total retirement plan assets of KAREO, INC. 401(K) PLAN is $14,305,540.This plan was established in 2012.
At the end of 2022, the total number of retirement plan participants in KAREO, INC. 401(K) PLAN is 518
In 2022, the average participant retirement account value for KAREO, INC. 401(K) PLAN is $27,616
In 2022, the estimated average employee contribution amount per participant for KAREO, INC. 401(K) PLAN is $6,457
In 2022, the estimated average employer match for an employee in KAREO, INC. 401(K) PLAN is approximately $33
In 2022, KAREO, INC. 401(K) PLAN allocates $17,231 to match its employees’ contributions, providing an employer match rate of 0.55% of their contributions
In 2022, the total retirement plan asset growth rate of KAREO, INC. 401(K) PLAN is -2.59%
In 2022, the estimated aggregate retirement account investment gain/loss for KAREO, INC. 401(K) PLAN is -16.71%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of KAREO, INC. 401(K) PLAN is 0.55%.
Enrollment Features
KAREO, INC. 401(K) 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.