SAEXPLORATION 401(K) PLAN

At the end of 2022, the total retirement plan assets of SAEXPLORATION 401(K) PLAN is $3,166,320.This plan was established in 2013.

At the end of 2022, the total number of retirement plan participants in SAEXPLORATION 401(K) PLAN is 353

In 2022, the average participant retirement account value for SAEXPLORATION 401(K) PLAN is $8,969

In 2022, the estimated average employee contribution amount per participant for SAEXPLORATION 401(K) PLAN is $918

In 2022, the estimated average employer match for an employee in SAEXPLORATION 401(K) PLAN is approximately $7

In 2022, SAEXPLORATION 401(K) PLAN allocates $2,736 to match its employees’ contributions, providing an employer match rate of 0.86% of their contributions

In 2022, the total retirement plan asset growth rate of SAEXPLORATION 401(K) PLAN is -29.03%

In 2022, the estimated aggregate retirement account investment gain/loss for SAEXPLORATION 401(K) PLAN is -16.89%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of SAEXPLORATION 401(K) PLAN is 1.10%.

Enrollment Features

SAEXPLORATION 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.