YAMAMOTO FB ENGINEERING, INC. 401 (K) RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of YAMAMOTO FB ENGINEERING, INC. 401 (K) RETIREMENT SAVINGS PLAN is $3,772,014.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in YAMAMOTO FB ENGINEERING, INC. 401 (K) RETIREMENT SAVINGS PLAN is 218

In 2022, the average participant retirement account value for YAMAMOTO FB ENGINEERING, INC. 401 (K) RETIREMENT SAVINGS PLAN is $17,302

In 2022, the estimated average employee contribution amount per participant for YAMAMOTO FB ENGINEERING, INC. 401 (K) RETIREMENT SAVINGS PLAN is $1,802

In 2022, the estimated average employer match for an employee in YAMAMOTO FB ENGINEERING, INC. 401 (K) RETIREMENT SAVINGS PLAN is approximately $1,122

In 2022, YAMAMOTO FB ENGINEERING, INC. 401 (K) RETIREMENT SAVINGS PLAN allocates $244,736 to match its employees’ contributions, providing an employer match rate of 59.30% of their contributions

In 2022, the total retirement plan asset growth rate of YAMAMOTO FB ENGINEERING, INC. 401 (K) RETIREMENT SAVINGS PLAN is -5.68%

In 2022, the estimated aggregate retirement account investment gain/loss for YAMAMOTO FB ENGINEERING, INC. 401 (K) RETIREMENT SAVINGS PLAN is -13.49%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of YAMAMOTO FB ENGINEERING, INC. 401 (K) RETIREMENT SAVINGS PLAN is 0.18%.

Enrollment Features

YAMAMOTO FB ENGINEERING, INC. 401 (K) RETIREMENT SAVINGS 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.