PANEL SPECIALISTS, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of PANEL SPECIALISTS, INC. 401(K) PLAN is $5,795,599.This plan was established in 1995.

At the end of 2022, the total number of retirement plan participants in PANEL SPECIALISTS, INC. 401(K) PLAN is 124

In 2022, the average participant retirement account value for PANEL SPECIALISTS, INC. 401(K) PLAN is $46,738

In 2022, the estimated average employee contribution amount per participant for PANEL SPECIALISTS, INC. 401(K) PLAN is $2,343

In 2022, the estimated average employer match for an employee in PANEL SPECIALISTS, INC. 401(K) PLAN is approximately $1,417

In 2022, PANEL SPECIALISTS, INC. 401(K) PLAN allocates $175,808 to match its employees’ contributions, providing an employer match rate of 57.72% of their contributions

In 2022, the total retirement plan asset growth rate of PANEL SPECIALISTS, INC. 401(K) PLAN is -13.85%

In 2022, the estimated aggregate retirement account investment gain/loss for PANEL SPECIALISTS, INC. 401(K) PLAN is -13.93%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PANEL SPECIALISTS, INC. 401(K) PLAN is 0.85%.

Enrollment Features

PANEL SPECIALISTS, 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.