BJ ENERGY SOLUTIONS 401(K) PLAN

At the end of 2022, the total retirement plan assets of BJ ENERGY SOLUTIONS 401(K) PLAN is $3,846,881.This plan was established in 2020.

At the end of 2022, the total number of retirement plan participants in BJ ENERGY SOLUTIONS 401(K) PLAN is 276

In 2022, the average participant retirement account value for BJ ENERGY SOLUTIONS 401(K) PLAN is $13,937

In 2022, the estimated average employee contribution amount per participant for BJ ENERGY SOLUTIONS 401(K) PLAN is $4,240

In 2022, the estimated average employer match for an employee in BJ ENERGY SOLUTIONS 401(K) PLAN is approximately $1,466

In 2022, BJ ENERGY SOLUTIONS 401(K) PLAN allocates $404,776 to match its employees’ contributions, providing an employer match rate of 39.20% of their contributions

In 2022, the total retirement plan asset growth rate of BJ ENERGY SOLUTIONS 401(K) PLAN is 11.23%

In 2022, the estimated aggregate retirement account investment gain/loss for BJ ENERGY SOLUTIONS 401(K) PLAN is -14.95%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BJ ENERGY SOLUTIONS 401(K) PLAN is 0.91%.

Enrollment Features

BJ ENERGY SOLUTIONS 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.