PARTNERCOMM, INC 401(K) SAVINGS PLAN

At the end of 2022, the total retirement plan assets of PARTNERCOMM, INC 401(K) SAVINGS PLAN is $14,325,860.This plan was established in 1994.

At the end of 2022, the total number of retirement plan participants in PARTNERCOMM, INC 401(K) SAVINGS PLAN is 133

In 2022, the average participant retirement account value for PARTNERCOMM, INC 401(K) SAVINGS PLAN is $107,713

In 2022, the estimated average employee contribution amount per participant for PARTNERCOMM, INC 401(K) SAVINGS PLAN is $6,645

In 2022, the estimated average employer match for an employee in PARTNERCOMM, INC 401(K) SAVINGS PLAN is approximately $1,806

In 2022, PARTNERCOMM, INC 401(K) SAVINGS PLAN allocates $240,213 to match its employees’ contributions, providing an employer match rate of 27.81% of their contributions

In 2022, the total retirement plan asset growth rate of PARTNERCOMM, INC 401(K) SAVINGS PLAN is -12.24%

In 2022, the estimated aggregate retirement account investment gain/loss for PARTNERCOMM, INC 401(K) SAVINGS PLAN is -16.57%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PARTNERCOMM, INC 401(K) SAVINGS PLAN is 0.03%.

Enrollment Features

PARTNERCOMM, INC 401(K) SAVINGS 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.