KRONOSPAN INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of KRONOSPAN INC. 401(K) PLAN is $23,514,294.This plan was established in 2006.

At the end of 2022, the total number of retirement plan participants in KRONOSPAN INC. 401(K) PLAN is 846

In 2022, the average participant retirement account value for KRONOSPAN INC. 401(K) PLAN is $27,794

In 2022, the estimated average employee contribution amount per participant for KRONOSPAN INC. 401(K) PLAN is $2,785

In 2022, the estimated average employer match for an employee in KRONOSPAN INC. 401(K) PLAN is approximately $1,379

In 2022, KRONOSPAN INC. 401(K) PLAN allocates $1,167,152 to match its employees’ contributions, providing an employer match rate of 50.03% of their contributions

In 2022, the total retirement plan asset growth rate of KRONOSPAN INC. 401(K) PLAN is -16.07%

In 2022, the estimated aggregate retirement account investment gain/loss for KRONOSPAN INC. 401(K) PLAN is -18.45%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of KRONOSPAN INC. 401(K) PLAN is 0.49%.

Enrollment Features

KRONOSPAN INC. 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.