RUAN EMPLOYEES’ 401(K) SAVINGS PLAN

At the end of 2022, the total retirement plan assets of RUAN EMPLOYEES’ 401(K) SAVINGS PLAN is $230,593,377.This plan was established in 1964.

At the end of 2022, the total number of retirement plan participants in RUAN EMPLOYEES’ 401(K) SAVINGS PLAN is 6673

In 2022, the average participant retirement account value for RUAN EMPLOYEES’ 401(K) SAVINGS PLAN is $34,556

In 2022, the estimated average employee contribution amount per participant for RUAN EMPLOYEES’ 401(K) SAVINGS PLAN is $3,884

In 2022, the estimated average employer match for an employee in RUAN EMPLOYEES’ 401(K) SAVINGS PLAN is approximately $900

In 2022, RUAN EMPLOYEES’ 401(K) SAVINGS PLAN allocates $6,011,553 to match its employees’ contributions, providing an employer match rate of 23.66% of their contributions

In 2022, the total retirement plan asset growth rate of RUAN EMPLOYEES’ 401(K) SAVINGS PLAN is -13.19%

In 2022, the estimated aggregate retirement account investment gain/loss for RUAN EMPLOYEES’ 401(K) SAVINGS PLAN is -15.07%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of RUAN EMPLOYEES’ 401(K) SAVINGS PLAN is 0.27%.

Enrollment Features

RUAN EMPLOYEES’ 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.