RAB LIGHTING, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of RAB LIGHTING, INC. 401(K) PLAN is $24,027,556.This plan was established in 1995.

At the end of 2022, the total number of retirement plan participants in RAB LIGHTING, INC. 401(K) PLAN is 426

In 2022, the average participant retirement account value for RAB LIGHTING, INC. 401(K) PLAN is $56,402

In 2022, the estimated average employee contribution amount per participant for RAB LIGHTING, INC. 401(K) PLAN is $5,413

In 2022, the estimated average employer match for an employee in RAB LIGHTING, INC. 401(K) PLAN is approximately $863

In 2022, RAB LIGHTING, INC. 401(K) PLAN allocates $367,642 to match its employees’ contributions, providing an employer match rate of 17.62% of their contributions

In 2022, the total retirement plan asset growth rate of RAB LIGHTING, INC. 401(K) PLAN is -12.57%

In 2022, the estimated aggregate retirement account investment gain/loss for RAB LIGHTING, INC. 401(K) PLAN is -16.30%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of RAB LIGHTING, INC. 401(K) PLAN is 0.17%.

Enrollment Features

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