MARTIN RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of MARTIN RETIREMENT SAVINGS PLAN is $10,653,665.This plan was established in 2014.

At the end of 2022, the total number of retirement plan participants in MARTIN RETIREMENT SAVINGS PLAN is 347

In 2022, the average participant retirement account value for MARTIN RETIREMENT SAVINGS PLAN is $30,702

In 2022, the estimated average employee contribution amount per participant for MARTIN RETIREMENT SAVINGS PLAN is $2,948

In 2022, the estimated average employer match for an employee in MARTIN RETIREMENT SAVINGS PLAN is approximately $1,506

In 2022, MARTIN RETIREMENT SAVINGS PLAN allocates $522,759 to match its employees’ contributions, providing an employer match rate of 54.88% of their contributions

In 2022, the total retirement plan asset growth rate of MARTIN RETIREMENT SAVINGS PLAN is -14.44%

In 2022, the estimated aggregate retirement account investment gain/loss for MARTIN RETIREMENT SAVINGS PLAN is -16.51%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MARTIN RETIREMENT SAVINGS PLAN is 0.80%.

Enrollment Features

MARTIN RETIREMENT SAVINGS 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.