KATUN CORPORATION EMPLOYEE RETIREMENT BENEFIT AND SAVINGS PLAN

At the end of 2022, the total retirement plan assets of KATUN CORPORATION EMPLOYEE RETIREMENT BENEFIT AND SAVINGS PLAN is $27,978,966.This plan was established in 1989.

At the end of 2022, the total number of retirement plan participants in KATUN CORPORATION EMPLOYEE RETIREMENT BENEFIT AND SAVINGS PLAN is 189

In 2022, the average participant retirement account value for KATUN CORPORATION EMPLOYEE RETIREMENT BENEFIT AND SAVINGS PLAN is $148,036

In 2022, the estimated average employee contribution amount per participant for KATUN CORPORATION EMPLOYEE RETIREMENT BENEFIT AND SAVINGS PLAN is $2,939

In 2022, the estimated average employer match for an employee in KATUN CORPORATION EMPLOYEE RETIREMENT BENEFIT AND SAVINGS PLAN is approximately $837

In 2022, KATUN CORPORATION EMPLOYEE RETIREMENT BENEFIT AND SAVINGS PLAN allocates $158,237 to match its employees’ contributions, providing an employer match rate of 27.19% of their contributions

In 2022, the total retirement plan asset growth rate of KATUN CORPORATION EMPLOYEE RETIREMENT BENEFIT AND SAVINGS PLAN is -24.39%

In 2022, the estimated aggregate retirement account investment gain/loss for KATUN CORPORATION EMPLOYEE RETIREMENT BENEFIT AND SAVINGS PLAN is -18.43%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of KATUN CORPORATION EMPLOYEE RETIREMENT BENEFIT AND SAVINGS PLAN is 0.19%.

Enrollment Features

KATUN CORPORATION EMPLOYEE RETIREMENT BENEFIT AND 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.