MANTHEI 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of MANTHEI 401(K) PROFIT SHARING PLAN is $12,623,282.This plan was established in 1996.

At the end of 2022, the total number of retirement plan participants in MANTHEI 401(K) PROFIT SHARING PLAN is 404

In 2022, the average participant retirement account value for MANTHEI 401(K) PROFIT SHARING PLAN is $31,245

In 2022, the estimated average employee contribution amount per participant for MANTHEI 401(K) PROFIT SHARING PLAN is $4,027

In 2022, the estimated average employer match for an employee in MANTHEI 401(K) PROFIT SHARING PLAN is approximately $1,244

In 2022, MANTHEI 401(K) PROFIT SHARING PLAN allocates $502,663 to match its employees’ contributions, providing an employer match rate of 32.29% of their contributions

In 2022, the total retirement plan asset growth rate of MANTHEI 401(K) PROFIT SHARING PLAN is -12.27%

In 2022, the estimated aggregate retirement account investment gain/loss for MANTHEI 401(K) PROFIT SHARING PLAN is -17.99%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MANTHEI 401(K) PROFIT SHARING PLAN is 0.67%.

Enrollment Features

MANTHEI 401(K) PROFIT SHARING 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.