PAR TECHNOLOGY CORPORATION RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of PAR TECHNOLOGY CORPORATION RETIREMENT PLAN is $90,717,201.This plan was established in 1973.

At the end of 2022, the total number of retirement plan participants in PAR TECHNOLOGY CORPORATION RETIREMENT PLAN is 1726

In 2022, the average participant retirement account value for PAR TECHNOLOGY CORPORATION RETIREMENT PLAN is $52,559

In 2022, the estimated average employee contribution amount per participant for PAR TECHNOLOGY CORPORATION RETIREMENT PLAN is $5,138

In 2022, the estimated average employer match for an employee in PAR TECHNOLOGY CORPORATION RETIREMENT PLAN is approximately $1,398

In 2022, PAR TECHNOLOGY CORPORATION RETIREMENT PLAN allocates $2,414,268 to match its employees’ contributions, providing an employer match rate of 29.90% of their contributions

In 2022, the total retirement plan asset growth rate of PAR TECHNOLOGY CORPORATION RETIREMENT PLAN is -19.65%

In 2022, the estimated aggregate retirement account investment gain/loss for PAR TECHNOLOGY CORPORATION RETIREMENT PLAN is -18.44%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PAR TECHNOLOGY CORPORATION RETIREMENT PLAN is 0.25%.

Enrollment Features

PAR TECHNOLOGY CORPORATION RETIREMENT 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.