WAGO CORPORATION 401(K) PLAN

At the end of 2022, the total retirement plan assets of WAGO CORPORATION 401(K) PLAN is $50,236,056.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in WAGO CORPORATION 401(K) PLAN is 246

In 2022, the average participant retirement account value for WAGO CORPORATION 401(K) PLAN is $204,211

In 2022, the estimated average employee contribution amount per participant for WAGO CORPORATION 401(K) PLAN is $8,713

In 2022, the estimated average employer match for an employee in WAGO CORPORATION 401(K) PLAN is approximately $5,530

In 2022, WAGO CORPORATION 401(K) PLAN allocates $1,360,468 to match its employees’ contributions, providing an employer match rate of 63.09% of their contributions

In 2022, the total retirement plan asset growth rate of WAGO CORPORATION 401(K) PLAN is -18.81%

In 2022, the estimated aggregate retirement account investment gain/loss for WAGO CORPORATION 401(K) PLAN is -16.99%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of WAGO CORPORATION 401(K) PLAN is 0.17%.

Enrollment Features

WAGO CORPORATION 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.