MARTEK GLOBAL SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST

At the end of 2022, the total retirement plan assets of MARTEK GLOBAL SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST is $4,546,263.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in MARTEK GLOBAL SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST is 184

In 2022, the average participant retirement account value for MARTEK GLOBAL SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST is $24,707

In 2022, the estimated average employee contribution amount per participant for MARTEK GLOBAL SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST is $2,951

In 2022, the estimated average employer match for an employee in MARTEK GLOBAL SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST is approximately $821

In 2022, MARTEK GLOBAL SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST allocates $151,171 to match its employees’ contributions, providing an employer match rate of 27.91% of their contributions

In 2022, the total retirement plan asset growth rate of MARTEK GLOBAL SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST is -13.13%

In 2022, the estimated aggregate retirement account investment gain/loss for MARTEK GLOBAL SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST is -17.23%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MARTEK GLOBAL SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST is 0.54%.

Enrollment Features

MARTEK GLOBAL SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.