PANKL HOLDINGS, INC & AFFILIATED EMPLOYERS 401(K) PLAN

At the end of 2021, the total retirement plan assets of PANKL HOLDINGS, INC & AFFILIATED EMPLOYERS 401(K) PLAN is $15,365,027.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in PANKL HOLDINGS, INC & AFFILIATED EMPLOYERS 401(K) PLAN is 319

In 2021, the average participant retirement account value for PANKL HOLDINGS, INC & AFFILIATED EMPLOYERS 401(K) PLAN is $48,166

In 2021, the estimated average employee contribution amount per participant for PANKL HOLDINGS, INC & AFFILIATED EMPLOYERS 401(K) PLAN is $2,679

In 2021, the estimated average employer match for an employee in PANKL HOLDINGS, INC & AFFILIATED EMPLOYERS 401(K) PLAN is approximately $457

In 2021, PANKL HOLDINGS, INC & AFFILIATED EMPLOYERS 401(K) PLAN allocates $145,821 to match its employees’ contributions, providing an employer match rate of 17.06% of their contributions

In 2021, the total retirement plan asset growth rate of PANKL HOLDINGS, INC & AFFILIATED EMPLOYERS 401(K) PLAN is 16.72%

In 2021, the estimated aggregate retirement account investment gain/loss for PANKL HOLDINGS, INC & AFFILIATED EMPLOYERS 401(K) PLAN is 14.41%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of PANKL HOLDINGS, INC & AFFILIATED EMPLOYERS 401(K) PLAN is 0.31%.

Enrollment Features

PANKL HOLDINGS, INC & AFFILIATED EMPLOYERS 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.