INFINIDAT, INC. 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: 500 TOTTEN POND ROAD,,WALTHAM,MA
  • Contact person: CHERYL BRODY
  • Phone: (603) 493-0125

Plan General Information

INFINIDAT, INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of INFINIDAT, INC. 401(K) PROFIT SHARING PLAN is $21,565,716.00.This plan was established in 2013.

INFINIDAT, INC. 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in INFINIDAT, INC. 401(K) PROFIT SHARING PLAN is 186

INFINIDAT, INC. 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for INFINIDAT, INC. 401(K) PROFIT SHARING PLAN is $115,944.00

INFINIDAT, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for INFINIDAT, INC. 401(K) PROFIT SHARING PLAN is $12,115.00.

INFINIDAT, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in INFINIDAT, INC. 401(K) PROFIT SHARING PLAN is approximately $4,756.00
Investing in this additonal $4,756.00 for 20 years would give you extra $304,439.00, assuming a 10% annual return.

INFINIDAT, INC. 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2023, INFINIDAT, INC. 401(K) PROFIT SHARING PLAN allocates $884,778.00 to match its employees' contributions, providing an employer match rate of 42.58% of their contributions

INFINIDAT, INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of INFINIDAT, INC. 401(K) PROFIT SHARING PLAN is 33.32%.

INFINIDAT, INC. 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for INFINIDAT, INC. 401(K) PROFIT SHARING PLAN is 18.20%. This measures the effectiveness of the plan participants' investments in the year.

INFINIDAT, INC. 401(K) PROFIT SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of INFINIDAT, INC. 401(K) PROFIT SHARING PLAN is 0.01%.

Enrollment Features

INFINIDAT, INC. 401(K) PROFIT SHARING 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.

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