MAJOREL USA, INC

At the end of 2022, the total retirement plan assets of MAJOREL USA, INC is $10,717,601.This plan was established in 2019.

At the end of 2022, the total number of retirement plan participants in MAJOREL USA, INC is 1125

In 2022, the average participant retirement account value for MAJOREL USA, INC is $9,526

In 2022, the estimated average employee contribution amount per participant for MAJOREL USA, INC is $1,729

In 2022, the estimated average employer match for an employee in MAJOREL USA, INC is approximately $596

In 2022, MAJOREL USA, INC allocates $671,014 to match its employees’ contributions, providing an employer match rate of 40.66% of their contributions

In 2022, the total retirement plan asset growth rate of MAJOREL USA, INC is -11.68%

In 2022, the estimated aggregate retirement account investment gain/loss for MAJOREL USA, INC is -19.78%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MAJOREL USA, INC is 0.28%.

Enrollment Features

MAJOREL USA, INC 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.