WAGI 401(K) PLAN

At the end of 2022, the total retirement plan assets of WAGI 401(K) PLAN is $76,763,280.This plan was established in 2018.

At the end of 2022, the total number of retirement plan participants in WAGI 401(K) PLAN is 505

In 2022, the average participant retirement account value for WAGI 401(K) PLAN is $152,006

In 2022, the estimated average employee contribution amount per participant for WAGI 401(K) PLAN is $4,391

In 2022, the estimated average employer match for an employee in WAGI 401(K) PLAN is approximately $6,596

In 2022, WAGI 401(K) PLAN allocates $3,331,436 to match its employees’ contributions, providing an employer match rate of 143.66% of their contributions

In 2022, the total retirement plan asset growth rate of WAGI 401(K) PLAN is -16.81%

In 2022, the estimated aggregate retirement account investment gain/loss for WAGI 401(K) PLAN is -17.50%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of WAGI 401(K) PLAN is 0.32%.

Enrollment Features

WAGI 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.