PAI INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of PAI INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is $17,617,930.This plan was established in 1977.

At the end of 2022, the total number of retirement plan participants in PAI INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is 327

In 2022, the average participant retirement account value for PAI INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is $53,877

In 2022, the estimated average employee contribution amount per participant for PAI INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is $3,671

In 2022, the estimated average employer match for an employee in PAI INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is approximately $1,024

In 2022, PAI INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN allocates $334,930 to match its employees’ contributions, providing an employer match rate of 29.38% of their contributions

In 2022, the total retirement plan asset growth rate of PAI INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is -14.00%

In 2022, the estimated aggregate retirement account investment gain/loss for PAI INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is -14.82%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PAI INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is 0.14%.

Enrollment Features

PAI INDUSTRIES, INC. 401(K) PROFIT SHARING 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.