Scientific Research Corporation_PHL_093021_Final
Plan At A Glance Scientific Research Corporation 401(k) Profit Sharing Plan
Professional, Scientific, and Technical Services
401(k) Industry Average Plan Type Average
09/30/2018
09/30/2019
09/30/2020
09/30/2021
09/30/2021
09/30/2021
Total participant plan assets
$140,262,180
$145,178,694
$167,775,422
$211,250,786
$322,339,527
$357,915,675
Average participant account balance Median participant account balance Average active participant account balance Average terminated participant account balance
$94,900 $32,608 $105,627 $77,214
$92,588 $30,505 $100,323 $78,550
$101,253 $32,576 $110,048 $85,263
$116,842 $36,144 $126,499 $97,971
$165,979 $44,651 $187,262 $130,651
$121,008 $26,967 $125,555 $110,928
Number of participants w ith a balance PARTICIPATION & CONTRIBUTIONS Participation rate
1,478
1,568
1,657
1,808
1,942
2,958
64.0%
63.0%
62.9%
63.8% 10.1%
80.0%
71.6%
Average deferral rate Median deferral rate
9.4% 7.0%
9.2% 7.0%
9.5% 7.0%
9.6% 8.0%
8.5% 6.0%
8.0%
Average active participant age Average active participant tenure
45.7
45.9
45.9
45.9
44.6
45.1
9.2
8.1
7.4
6.3
7.5
8.0
% of Participants contributing at or above the company match
79.0%
79.4%
81.9%
73.5%
N/A
N/A
AUTO- SERV ICES Auto-increase participation Auto-enrollment participation LOANS # of Active participants w ith loans % of Active participants w ith loans Average loan amount by participant DISTRIBUTIONS & WITHDRAWALS # of Hardship w ithdraw als # of Non-hardship inservice w ithdraw als # of Terminated partial w ithdraw als
20.6%
22.3%
20.1%
17.2%
9.8% / 49.9%
10.9% / 65.1%
0.0%
0.0%
0.0%
0.0%
93.5%
93.7%
142
155
156
179
152
385
15.4%
15.3%
14.6%
15.0%
12.6%
18.9% $9,747
$10,066
$11,016
$10,679
$10,278
$12,317
10 26
7
4
4
17
61
43
70
79
698 393
1,431
3
2
9
5
732
# of Lump-sumdistributions # of Installment distributions Rollovers/cashouts distributions
365
270
255
175
1,181
2,055
0
0
0
0
484
709
86% / 14%
88% / 12%
73% / 27%
86% / 14%
88% / 12%
80% / 20%
9
T. ROWE PR ICE
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