MANNA DEVELOPMENT GROUP, LLC 401(K) PLAN

At the end of 2022, the total retirement plan assets of MANNA DEVELOPMENT GROUP, LLC 401(K) PLAN is $10,528,583.This plan was established in 2006.

At the end of 2022, the total number of retirement plan participants in MANNA DEVELOPMENT GROUP, LLC 401(K) PLAN is 2433

In 2022, the average participant retirement account value for MANNA DEVELOPMENT GROUP, LLC 401(K) PLAN is $4,327

In 2022, the estimated average employee contribution amount per participant for MANNA DEVELOPMENT GROUP, LLC 401(K) PLAN is $506

In 2022, the estimated average employer match for an employee in MANNA DEVELOPMENT GROUP, LLC 401(K) PLAN is approximately $270

In 2022, MANNA DEVELOPMENT GROUP, LLC 401(K) PLAN allocates $658,504 to match its employees’ contributions, providing an employer match rate of 55.13% of their contributions

In 2022, the total retirement plan asset growth rate of MANNA DEVELOPMENT GROUP, LLC 401(K) PLAN is 12.24%

In 2022, the estimated aggregate retirement account investment gain/loss for MANNA DEVELOPMENT GROUP, LLC 401(K) PLAN is -15.09%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MANNA DEVELOPMENT GROUP, LLC 401(K) PLAN is 0.85%.

Enrollment Features

MANNA DEVELOPMENT GROUP, LLC 401(K) 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.