MAUI ECONOMIC OPPORTUNITY INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of MAUI ECONOMIC OPPORTUNITY INC. 401(K) PLAN is $5,107,836.This plan was established in 1985.

At the end of 2022, the total number of retirement plan participants in MAUI ECONOMIC OPPORTUNITY INC. 401(K) PLAN is 195

In 2022, the average participant retirement account value for MAUI ECONOMIC OPPORTUNITY INC. 401(K) PLAN is $26,194

In 2022, the estimated average employee contribution amount per participant for MAUI ECONOMIC OPPORTUNITY INC. 401(K) PLAN is $1,901

In 2022, the estimated average employer match for an employee in MAUI ECONOMIC OPPORTUNITY INC. 401(K) PLAN is approximately $1,461

In 2022, MAUI ECONOMIC OPPORTUNITY INC. 401(K) PLAN allocates $284,896 to match its employees’ contributions, providing an employer match rate of 75.86% of their contributions

In 2022, the total retirement plan asset growth rate of MAUI ECONOMIC OPPORTUNITY INC. 401(K) PLAN is -9.21%

In 2022, the estimated aggregate retirement account investment gain/loss for MAUI ECONOMIC OPPORTUNITY INC. 401(K) PLAN is -7.87%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MAUI ECONOMIC OPPORTUNITY INC. 401(K) PLAN is 0.86%.

Enrollment Features

MAUI ECONOMIC OPPORTUNITY 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.