LOCUS ROBOTICS CORP-401K PLAN

At the end of 2022, the total retirement plan assets of LOCUS ROBOTICS CORP-401K PLAN is $12,964,357.This plan was established in 2019.

At the end of 2022, the total number of retirement plan participants in LOCUS ROBOTICS CORP-401K PLAN is 263

In 2022, the average participant retirement account value for LOCUS ROBOTICS CORP-401K PLAN is $49,294

In 2022, the estimated average employee contribution amount per participant for LOCUS ROBOTICS CORP-401K PLAN is $13,275

In 2022, the estimated average employer match for an employee in LOCUS ROBOTICS CORP-401K PLAN is approximately $4,777

In 2022, LOCUS ROBOTICS CORP-401K PLAN allocates $1,256,526 to match its employees’ contributions, providing an employer match rate of 46.17% of their contributions

In 2022, the total retirement plan asset growth rate of LOCUS ROBOTICS CORP-401K PLAN is 35.70%

In 2022, the estimated aggregate retirement account investment gain/loss for LOCUS ROBOTICS CORP-401K PLAN is -15.43%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOCUS ROBOTICS CORP-401K PLAN is 0.38%.

Enrollment Features

LOCUS ROBOTICS CORP-401K 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.