FAIRWIND, INC 401(K) PLAN

At the end of 2021, the total retirement plan assets of FAIRWIND, INC 401(K) PLAN is $605,362.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in FAIRWIND, INC 401(K) PLAN is 149

In 2021, the average participant retirement account value for FAIRWIND, INC 401(K) PLAN is $4,062

In 2021, the estimated average employee contribution amount per participant for FAIRWIND, INC 401(K) PLAN is $727

In 2021, the estimated average employer match for an employee in FAIRWIND, INC 401(K) PLAN is approximately $299

In 2021, FAIRWIND, INC 401(K) PLAN allocates $44,574 to match its employees’ contributions, providing an employer match rate of 41.11% of their contributions

In 2021, the total retirement plan asset growth rate of FAIRWIND, INC 401(K) PLAN is 2.64%

In 2021, the estimated aggregate retirement account investment gain/loss for FAIRWIND, INC 401(K) PLAN is 17.27%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of FAIRWIND, INC 401(K) PLAN is 0.21%.

Enrollment Features

FAIRWIND, INC 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.