KAWERAK, INC. RETIREMENT PLAN

Overview

Plan Contact

  • Address: P.O. BOX 948,NOME,AK
  • Contact person: DONNA KOSTIUK
  • Phone: (907) 443-5231

Plan General Information


At the end of 2022, the total retirement plan assets of KAWERAK, INC. RETIREMENT PLAN is $11,107,190.This plan was established in 1988.

At the end of 2022, the total number of retirement plan participants in KAWERAK, INC. RETIREMENT PLAN is 285

In 2022, the average participant retirement account value for KAWERAK, INC. RETIREMENT PLAN is $38,972

In 2022, the estimated average employee contribution amount per participant for KAWERAK, INC. RETIREMENT PLAN is $1,670

In 2022, the estimated average employer match for an employee in KAWERAK, INC. RETIREMENT PLAN is approximately $4,312

In 2022, KAWERAK, INC. RETIREMENT PLAN allocates $1,228,980 to match its employees’ contributions, providing an employer match rate of 238.14% of their contributions

In 2022, the total retirement plan asset growth rate of KAWERAK, INC. RETIREMENT PLAN is -14.38%

In 2022, the estimated aggregate retirement account investment gain/loss for KAWERAK, INC. RETIREMENT PLAN is -15.52%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of KAWERAK, INC. RETIREMENT PLAN is 0.00%.

Enrollment Features

KAWERAK, INC. RETIREMENT PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.