MANTUA’S 401(K) PLAN

At the end of 2022, the total retirement plan assets of MANTUA’S 401(K) PLAN is $2,953,133.This plan was established in 1967.

At the end of 2022, the total number of retirement plan participants in MANTUA’S 401(K) PLAN is 165

In 2022, the average participant retirement account value for MANTUA’S 401(K) PLAN is $17,897

In 2022, the estimated average employee contribution amount per participant for MANTUA’S 401(K) PLAN is $1,892

In 2022, the estimated average employer match for an employee in MANTUA’S 401(K) PLAN is approximately $1,202

In 2022, MANTUA’S 401(K) PLAN allocates $198,476 to match its employees’ contributions, providing an employer match rate of 66.37% of their contributions

In 2022, the total retirement plan asset growth rate of MANTUA’S 401(K) PLAN is -7.41%

In 2022, the estimated aggregate retirement account investment gain/loss for MANTUA’S 401(K) PLAN is -16.20%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MANTUA’S 401(K) PLAN is 0.05%.

Enrollment Features

MANTUA’S 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.