TAYLOR GUITARS SAVING AND RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of TAYLOR GUITARS SAVING AND RETIREMENT PLAN is $51,156,550.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in TAYLOR GUITARS SAVING AND RETIREMENT PLAN is 665

In 2022, the average participant retirement account value for TAYLOR GUITARS SAVING AND RETIREMENT PLAN is $76,927

In 2022, the estimated average employee contribution amount per participant for TAYLOR GUITARS SAVING AND RETIREMENT PLAN is $3,949

In 2022, the estimated average employer match for an employee in TAYLOR GUITARS SAVING AND RETIREMENT PLAN is approximately $2,270

In 2022, TAYLOR GUITARS SAVING AND RETIREMENT PLAN allocates $1,509,599 to match its employees’ contributions, providing an employer match rate of 59.96% of their contributions

In 2022, the total retirement plan asset growth rate of TAYLOR GUITARS SAVING AND RETIREMENT PLAN is -8.88%

In 2022, the estimated aggregate retirement account investment gain/loss for TAYLOR GUITARS SAVING AND RETIREMENT PLAN is -11.87%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of TAYLOR GUITARS SAVING AND RETIREMENT PLAN is 0.09%.

Enrollment Features

TAYLOR GUITARS SAVING AND 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.