MANNINGTON 401(K) RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of MANNINGTON 401(K) RETIREMENT SAVINGS PLAN is $186,835,945.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in MANNINGTON 401(K) RETIREMENT SAVINGS PLAN is 4348

In 2022, the average participant retirement account value for MANNINGTON 401(K) RETIREMENT SAVINGS PLAN is $42,970

In 2022, the estimated average employee contribution amount per participant for MANNINGTON 401(K) RETIREMENT SAVINGS PLAN is $2,272

In 2022, the estimated average employer match for an employee in MANNINGTON 401(K) RETIREMENT SAVINGS PLAN is approximately $1,103

In 2022, MANNINGTON 401(K) RETIREMENT SAVINGS PLAN allocates $4,796,711 to match its employees’ contributions, providing an employer match rate of 57.64% of their contributions

In 2022, the total retirement plan asset growth rate of MANNINGTON 401(K) RETIREMENT SAVINGS PLAN is -14.92%

In 2022, the estimated aggregate retirement account investment gain/loss for MANNINGTON 401(K) RETIREMENT SAVINGS PLAN is -14.63%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MANNINGTON 401(K) RETIREMENT SAVINGS PLAN is 0.27%.

Enrollment Features

MANNINGTON 401(K) RETIREMENT SAVINGS 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.
    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.