DXP ENTERPRISES, INC. 401(K) RETIREMENT PLAN

Address: 5301 HOLLISTER ST,HOUSTON,TX
Contact person: KENT YEE
Phone: (713) 996-4766

DXP ENTERPRISES, INC. 401(K) 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.
    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.

At the end of 2022, the total retirement plan assets of DXP ENTERPRISES, INC. 401(K) RETIREMENT PLAN is $175,413,570.00.This plan was established in 1991.

At the end of 2022, the total number of retirement plan participants in DXP ENTERPRISES, INC. 401(K) RETIREMENT PLAN is 3544

In 2022, the average participant retirement account value for DXP ENTERPRISES, INC. 401(K) RETIREMENT PLAN is $49,495.00

In 2022, the estimated average employee contribution amount per participant for DXP ENTERPRISES, INC. 401(K) RETIREMENT PLAN is $3,324.00

In 2022, the estimated average employer match for an employee in DXP ENTERPRISES, INC. 401(K) RETIREMENT PLAN is approximately $802.00

In 2022, DXP ENTERPRISES, INC. 401(K) RETIREMENT PLAN allocates $2,844,069.00 to match its employees' contributions, providing an employer match rate of 24.99% of their contributions

In 2022, the total retirement plan asset growth rate of DXP ENTERPRISES, INC. 401(K) RETIREMENT PLAN is -17.17%

In 2022, the estimated aggregate retirement account investment gain/loss for DXP ENTERPRISES, INC. 401(K) RETIREMENT PLAN is -16.57%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of DXP ENTERPRISES, INC. 401(K) RETIREMENT PLAN is 0.07%.

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