SAVAGE ARMS NON-UNION RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of SAVAGE ARMS NON-UNION RETIREMENT PLAN is $10,919,004.This plan was established in 2019.

At the end of 2022, the total number of retirement plan participants in SAVAGE ARMS NON-UNION RETIREMENT PLAN is 175

In 2022, the average participant retirement account value for SAVAGE ARMS NON-UNION RETIREMENT PLAN is $62,394

In 2022, the estimated average employee contribution amount per participant for SAVAGE ARMS NON-UNION RETIREMENT PLAN is $4,664

In 2022, the estimated average employer match for an employee in SAVAGE ARMS NON-UNION RETIREMENT PLAN is approximately $3,206

In 2022, SAVAGE ARMS NON-UNION RETIREMENT PLAN allocates $561,101 to match its employees’ contributions, providing an employer match rate of 76.86% of their contributions

In 2022, the total retirement plan asset growth rate of SAVAGE ARMS NON-UNION RETIREMENT PLAN is -12.58%

In 2022, the estimated aggregate retirement account investment gain/loss for SAVAGE ARMS NON-UNION RETIREMENT PLAN is -15.65%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of SAVAGE ARMS NON-UNION RETIREMENT PLAN is 0.20%.

Enrollment Features

SAVAGE ARMS NON-UNION RETIREMENT 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.