PALMETTO MOON 401(K) PLAN

At the end of 2022, the total retirement plan assets of PALMETTO MOON 401(K) PLAN is $1,521,219.This plan was established in 2016.

At the end of 2022, the total number of retirement plan participants in PALMETTO MOON 401(K) PLAN is 274

In 2022, the average participant retirement account value for PALMETTO MOON 401(K) PLAN is $5,551

In 2022, the estimated average employee contribution amount per participant for PALMETTO MOON 401(K) PLAN is $1,084

In 2022, the estimated average employer match for an employee in PALMETTO MOON 401(K) PLAN is approximately $559

In 2022, PALMETTO MOON 401(K) PLAN allocates $153,425 to match its employees’ contributions, providing an employer match rate of 49.13% of their contributions

In 2022, the total retirement plan asset growth rate of PALMETTO MOON 401(K) PLAN is -0.65%

In 2022, the estimated aggregate retirement account investment gain/loss for PALMETTO MOON 401(K) PLAN is -16.32%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PALMETTO MOON 401(K) PLAN is 1.96%.

Enrollment Features

PALMETTO MOON 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.