PLEX SYSTEMS INC 401(K) PLAN

At the end of 2022, the total retirement plan assets of PLEX SYSTEMS INC 401(K) PLAN is $65,063,159.This plan was established in 1996.

At the end of 2022, the total number of retirement plan participants in PLEX SYSTEMS INC 401(K) PLAN is 661

In 2022, the average participant retirement account value for PLEX SYSTEMS INC 401(K) PLAN is $98,431

In 2022, the estimated average employee contribution amount per participant for PLEX SYSTEMS INC 401(K) PLAN is $8,887

In 2022, the estimated average employer match for an employee in PLEX SYSTEMS INC 401(K) PLAN is approximately $1,380

In 2022, PLEX SYSTEMS INC 401(K) PLAN allocates $912,828 to match its employees’ contributions, providing an employer match rate of 15.22% of their contributions

In 2022, the total retirement plan asset growth rate of PLEX SYSTEMS INC 401(K) PLAN is 0.00%

In 2022, the estimated aggregate retirement account investment gain/loss for PLEX SYSTEMS INC 401(K) PLAN is 0.81%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PLEX SYSTEMS INC 401(K) PLAN is 0.25%.

Enrollment Features

PLEX SYSTEMS INC 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.