UTAH MEDICAL PRODUCTS, INC. 401(K) RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of UTAH MEDICAL PRODUCTS, INC. 401(K) RETIREMENT PLAN is $9,403,132.This plan was established in 1985.

At the end of 2022, the total number of retirement plan participants in UTAH MEDICAL PRODUCTS, INC. 401(K) RETIREMENT PLAN is 146

In 2022, the average participant retirement account value for UTAH MEDICAL PRODUCTS, INC. 401(K) RETIREMENT PLAN is $64,405

In 2022, the estimated average employee contribution amount per participant for UTAH MEDICAL PRODUCTS, INC. 401(K) RETIREMENT PLAN is $2,655

In 2022, the estimated average employer match for an employee in UTAH MEDICAL PRODUCTS, INC. 401(K) RETIREMENT PLAN is approximately $672

In 2022, UTAH MEDICAL PRODUCTS, INC. 401(K) RETIREMENT PLAN allocates $98,133 to match its employees’ contributions, providing an employer match rate of 25.31% of their contributions

In 2022, the total retirement plan asset growth rate of UTAH MEDICAL PRODUCTS, INC. 401(K) RETIREMENT PLAN is -21.22%

In 2022, the estimated aggregate retirement account investment gain/loss for UTAH MEDICAL PRODUCTS, INC. 401(K) RETIREMENT PLAN is -16.02%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of UTAH MEDICAL PRODUCTS, INC. 401(K) RETIREMENT PLAN is 0.00%.

Enrollment Features

UTAH MEDICAL PRODUCTS, INC. 401(K) 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.