NAVISTAR, INC. 401(K) PLAN FOR REPRESENTED EMPLOYEES

At the end of 2022, the total retirement plan assets of NAVISTAR, INC. 401(K) PLAN FOR REPRESENTED EMPLOYEES is $177,032,367.This plan was established in 1991.

At the end of 2022, the total number of retirement plan participants in NAVISTAR, INC. 401(K) PLAN FOR REPRESENTED EMPLOYEES is 3996

In 2022, the average participant retirement account value for NAVISTAR, INC. 401(K) PLAN FOR REPRESENTED EMPLOYEES is $44,302

In 2022, the estimated average employee contribution amount per participant for NAVISTAR, INC. 401(K) PLAN FOR REPRESENTED EMPLOYEES is $2,620

In 2022, the estimated average employer match for an employee in NAVISTAR, INC. 401(K) PLAN FOR REPRESENTED EMPLOYEES is approximately $1,430

In 2022, NAVISTAR, INC. 401(K) PLAN FOR REPRESENTED EMPLOYEES allocates $5,715,797 to match its employees’ contributions, providing an employer match rate of 56.95% of their contributions

In 2022, the total retirement plan asset growth rate of NAVISTAR, INC. 401(K) PLAN FOR REPRESENTED EMPLOYEES is -21.55%

In 2022, the estimated aggregate retirement account investment gain/loss for NAVISTAR, INC. 401(K) PLAN FOR REPRESENTED EMPLOYEES is -16.13%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of NAVISTAR, INC. 401(K) PLAN FOR REPRESENTED EMPLOYEES is 0.15%.

Enrollment Features

NAVISTAR, INC. 401(K) PLAN FOR REPRESENTED EMPLOYEES has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.