KRAKEN OPERATING LLC 401(K) PLAN

At the end of 2022, the total retirement plan assets of KRAKEN OPERATING LLC 401(K) PLAN is $8,003,384.This plan was established in 2012.

At the end of 2022, the total number of retirement plan participants in KRAKEN OPERATING LLC 401(K) PLAN is 128

In 2022, the average participant retirement account value for KRAKEN OPERATING LLC 401(K) PLAN is $62,526

In 2022, the estimated average employee contribution amount per participant for KRAKEN OPERATING LLC 401(K) PLAN is $15,587

In 2022, the estimated average employer match for an employee in KRAKEN OPERATING LLC 401(K) PLAN is approximately $6,472

In 2022, KRAKEN OPERATING LLC 401(K) PLAN allocates $828,465 to match its employees’ contributions, providing an employer match rate of 83.04% of their contributions

In 2022, the total retirement plan asset growth rate of KRAKEN OPERATING LLC 401(K) PLAN is -2.10%

In 2022, the estimated aggregate retirement account investment gain/loss for KRAKEN OPERATING LLC 401(K) PLAN is -17.61%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of KRAKEN OPERATING LLC 401(K) PLAN is 0.02%.

Enrollment Features

KRAKEN OPERATING LLC 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.