MAR-BAL, INC. RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of MAR-BAL, INC. RETIREMENT SAVINGS PLAN is $13,541,633.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in MAR-BAL, INC. RETIREMENT SAVINGS PLAN is 578

In 2022, the average participant retirement account value for MAR-BAL, INC. RETIREMENT SAVINGS PLAN is $23,428

In 2022, the estimated average employee contribution amount per participant for MAR-BAL, INC. RETIREMENT SAVINGS PLAN is $1,610

In 2022, the estimated average employer match for an employee in MAR-BAL, INC. RETIREMENT SAVINGS PLAN is approximately $778

In 2022, MAR-BAL, INC. RETIREMENT SAVINGS PLAN allocates $450,043 to match its employees’ contributions, providing an employer match rate of 49.29% of their contributions

In 2022, the total retirement plan asset growth rate of MAR-BAL, INC. RETIREMENT SAVINGS PLAN is -7.86%

In 2022, the estimated aggregate retirement account investment gain/loss for MAR-BAL, INC. RETIREMENT SAVINGS PLAN is -14.96%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MAR-BAL, INC. RETIREMENT SAVINGS PLAN is 0.70%.

Enrollment Features

MAR-BAL, INC. 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.