PARALLEL WIRELESS, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of PARALLEL WIRELESS, INC. 401(K) PLAN is $6,040,245.This plan was established in 2013.

At the end of 2022, the total number of retirement plan participants in PARALLEL WIRELESS, INC. 401(K) PLAN is 185

In 2022, the average participant retirement account value for PARALLEL WIRELESS, INC. 401(K) PLAN is $32,649

In 2022, the estimated average employee contribution amount per participant for PARALLEL WIRELESS, INC. 401(K) PLAN is $9,188

In 2022, the total retirement plan asset growth rate of PARALLEL WIRELESS, INC. 401(K) PLAN is -28.10%

In 2022, the estimated aggregate retirement account investment gain/loss for PARALLEL WIRELESS, INC. 401(K) PLAN is -18.56%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PARALLEL WIRELESS, INC. 401(K) PLAN is 0.34%.

Enrollment Features

PARALLEL WIRELESS, 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.