VARSITY BRANDS, LLC 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of VARSITY BRANDS, LLC 401(K) PROFIT SHARING PLAN is $352,224,634.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in VARSITY BRANDS, LLC 401(K) PROFIT SHARING PLAN is 8393

In 2022, the average participant retirement account value for VARSITY BRANDS, LLC 401(K) PROFIT SHARING PLAN is $41,966

In 2022, the estimated average employee contribution amount per participant for VARSITY BRANDS, LLC 401(K) PROFIT SHARING PLAN is $2,800

In 2022, the estimated average employer match for an employee in VARSITY BRANDS, LLC 401(K) PROFIT SHARING PLAN is approximately $845

In 2022, VARSITY BRANDS, LLC 401(K) PROFIT SHARING PLAN allocates $7,094,635 to match its employees’ contributions, providing an employer match rate of 30.53% of their contributions

In 2022, the total retirement plan asset growth rate of VARSITY BRANDS, LLC 401(K) PROFIT SHARING PLAN is -14.13%

In 2022, the estimated aggregate retirement account investment gain/loss for VARSITY BRANDS, LLC 401(K) PROFIT SHARING PLAN is -15.97%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of VARSITY BRANDS, LLC 401(K) PROFIT SHARING PLAN is 0.18%.

Enrollment Features

VARSITY BRANDS, LLC 401(K) PROFIT SHARING 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.