MARQUIS SOFTWARE SOLUTIONS, INC 401(K) PLAN

At the end of 2022, the total retirement plan assets of MARQUIS SOFTWARE SOLUTIONS, INC 401(K) PLAN is $8,495,532.This plan was established in 1994.

At the end of 2022, the total number of retirement plan participants in MARQUIS SOFTWARE SOLUTIONS, INC 401(K) PLAN is 145

In 2022, the average participant retirement account value for MARQUIS SOFTWARE SOLUTIONS, INC 401(K) PLAN is $58,589

In 2022, the estimated average employee contribution amount per participant for MARQUIS SOFTWARE SOLUTIONS, INC 401(K) PLAN is $7,306

In 2022, the estimated average employer match for an employee in MARQUIS SOFTWARE SOLUTIONS, INC 401(K) PLAN is approximately $2,521

In 2022, MARQUIS SOFTWARE SOLUTIONS, INC 401(K) PLAN allocates $365,689 to match its employees’ contributions, providing an employer match rate of 34.28% of their contributions

In 2022, the total retirement plan asset growth rate of MARQUIS SOFTWARE SOLUTIONS, INC 401(K) PLAN is -15.71%

In 2022, the estimated aggregate retirement account investment gain/loss for MARQUIS SOFTWARE SOLUTIONS, INC 401(K) PLAN is -15.68%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MARQUIS SOFTWARE SOLUTIONS, INC 401(K) PLAN is 0.20%.

Enrollment Features

MARQUIS SOFTWARE SOLUTIONS, INC 401(K) 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.