MAYMEAD INC. PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of MAYMEAD INC. PROFIT SHARING PLAN is $4,369,086.This plan was established in 1980.

At the end of 2022, the total number of retirement plan participants in MAYMEAD INC. PROFIT SHARING PLAN is 231

In 2022, the average participant retirement account value for MAYMEAD INC. PROFIT SHARING PLAN is $18,913

In 2022, the estimated average employee contribution amount per participant for MAYMEAD INC. PROFIT SHARING PLAN is $1,185

In 2022, the estimated average employer match for an employee in MAYMEAD INC. PROFIT SHARING PLAN is approximately $865

In 2022, MAYMEAD INC. PROFIT SHARING PLAN allocates $200,000 to match its employees’ contributions, providing an employer match rate of 71.01% of their contributions

In 2022, the total retirement plan asset growth rate of MAYMEAD INC. PROFIT SHARING PLAN is -8.34%

In 2022, the estimated aggregate retirement account investment gain/loss for MAYMEAD INC. PROFIT SHARING PLAN is -13.33%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MAYMEAD INC. PROFIT SHARING PLAN is 0.46%.

Enrollment Features

MAYMEAD INC. PROFIT SHARING 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.