MAINTECH 401(K) RETIREMENT PLAN AND TRUST

At the end of 2022, the total retirement plan assets of MAINTECH 401(K) RETIREMENT PLAN AND TRUST is $23,901,795.This plan was established in 2017.

At the end of 2022, the total number of retirement plan participants in MAINTECH 401(K) RETIREMENT PLAN AND TRUST is 719

In 2022, the average participant retirement account value for MAINTECH 401(K) RETIREMENT PLAN AND TRUST is $33,243

In 2022, the estimated average employee contribution amount per participant for MAINTECH 401(K) RETIREMENT PLAN AND TRUST is $1,854

In 2022, the estimated average employer match for an employee in MAINTECH 401(K) RETIREMENT PLAN AND TRUST is approximately $73

In 2022, MAINTECH 401(K) RETIREMENT PLAN AND TRUST allocates $53,064 to match its employees’ contributions, providing an employer match rate of 4.21% of their contributions

In 2022, the total retirement plan asset growth rate of MAINTECH 401(K) RETIREMENT PLAN AND TRUST is -36.04%

In 2022, the estimated aggregate retirement account investment gain/loss for MAINTECH 401(K) RETIREMENT PLAN AND TRUST is -20.57%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MAINTECH 401(K) RETIREMENT PLAN AND TRUST is 1.16%.

Enrollment Features

MAINTECH 401(K) RETIREMENT PLAN AND TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.