PARKER RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of PARKER RETIREMENT SAVINGS PLAN is $5,948,432,543.This plan was established in 1980.

At the end of 2022, the total number of retirement plan participants in PARKER RETIREMENT SAVINGS PLAN is 35740

In 2022, the average participant retirement account value for PARKER RETIREMENT SAVINGS PLAN is $166,436

In 2022, the estimated average employee contribution amount per participant for PARKER RETIREMENT SAVINGS PLAN is $5,844

In 2022, the estimated average employer match for an employee in PARKER RETIREMENT SAVINGS PLAN is approximately $4,417

In 2022, PARKER RETIREMENT SAVINGS PLAN allocates $157,883,739 to match its employees’ contributions, providing an employer match rate of 78.58% of their contributions

In 2022, the total retirement plan asset growth rate of PARKER RETIREMENT SAVINGS PLAN is -16.45%

In 2022, the estimated aggregate retirement account investment gain/loss for PARKER RETIREMENT SAVINGS PLAN is -12.92%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PARKER RETIREMENT SAVINGS PLAN is 0.04%.

Enrollment Features

PARKER RETIREMENT SAVINGS PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.