NAVARRO & WRIGHT 401(K) PLAN

At the end of 2022, the total retirement plan assets of NAVARRO & WRIGHT 401(K) PLAN is $8,910,420.This plan was established in 2013.

At the end of 2022, the total number of retirement plan participants in NAVARRO & WRIGHT 401(K) PLAN is 221

In 2022, the average participant retirement account value for NAVARRO & WRIGHT 401(K) PLAN is $40,318

In 2022, the estimated average employee contribution amount per participant for NAVARRO & WRIGHT 401(K) PLAN is $3,461

In 2022, the estimated average employer match for an employee in NAVARRO & WRIGHT 401(K) PLAN is approximately $1,356

In 2022, NAVARRO & WRIGHT 401(K) PLAN allocates $299,697 to match its employees’ contributions, providing an employer match rate of 35.05% of their contributions

In 2022, the total retirement plan asset growth rate of NAVARRO & WRIGHT 401(K) PLAN is -9.46%

In 2022, the estimated aggregate retirement account investment gain/loss for NAVARRO & WRIGHT 401(K) PLAN is -17.40%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of NAVARRO & WRIGHT 401(K) PLAN is 0.19%.

Enrollment Features

NAVARRO & WRIGHT 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.