PARKINSON TECHNOLOGIES, INC. 401(K) PLAN

  • Address: 100 GOLDSTEIN DRIVE,WOONSOCKET,RI
  • Contact person: ANH ANTUNES
  • Phone: (401) 762-2100

PARKINSON TECHNOLOGIES, 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.

At the end of 2022, the total retirement plan assets of PARKINSON TECHNOLOGIES, INC. 401(K) PLAN is $10,154,503.00.This plan was established in 1995.

At the end of 2022, the total number of retirement plan participants in PARKINSON TECHNOLOGIES, INC. 401(K) PLAN is 104

In 2022, the average participant retirement account value for PARKINSON TECHNOLOGIES, INC. 401(K) PLAN is $97,639.00

In 2022, the estimated average employee contribution amount per participant for PARKINSON TECHNOLOGIES, INC. 401(K) PLAN is $3,419.00

In 2022, the estimated average employer match for an employee in PARKINSON TECHNOLOGIES, INC. 401(K) PLAN is approximately $2,258.00

In 2022, PARKINSON TECHNOLOGIES, INC. 401(K) PLAN allocates $234,887.00 to match its employees' contributions, providing an employer match rate of 66.06% of their contributions

In 2022, the total retirement plan asset growth rate of PARKINSON TECHNOLOGIES, INC. 401(K) PLAN is -28.15%

In 2022, the estimated aggregate retirement account investment gain/loss for PARKINSON TECHNOLOGIES, INC. 401(K) PLAN is -17.49%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of PARKINSON TECHNOLOGIES, INC. 401(K) PLAN is 0.03%.

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