MAVEN 401(K) PLAN

At the end of 2021, the total retirement plan assets of MAVEN 401(K) PLAN is $52,398,158.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in MAVEN 401(K) PLAN is 582

In 2021, the average participant retirement account value for MAVEN 401(K) PLAN is $90,031

In 2021, the estimated average employee contribution amount per participant for MAVEN 401(K) PLAN is $5,502

In 2021, the estimated average employer match for an employee in MAVEN 401(K) PLAN is approximately $2,224

In 2021, MAVEN 401(K) PLAN allocates $1,294,411 to match its employees’ contributions, providing an employer match rate of 40.42% of their contributions

In 2021, the total retirement plan asset growth rate of MAVEN 401(K) PLAN is 17.10%

In 2021, the estimated aggregate retirement account investment gain/loss for MAVEN 401(K) PLAN is 17.12%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of MAVEN 401(K) PLAN is 0.12%.

Enrollment Features

MAVEN 401(K) 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.
    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.