AEROTEK, INC. PREVAILING WAGE 401(K) PLAN & TRUST
Overview
Plan Contact
- Address: 7301 PARKWAY DRIVE,HANOVER,MD
- Contact person: ROBERT GREER
- Phone: (866) 886-9798
Plan General Information
At the end of 2022, the total retirement plan assets of AEROTEK, INC. PREVAILING WAGE 401(K) PLAN & TRUST is $3,471,307.This plan was established in 2011.
At the end of 2022, the total number of retirement plan participants in AEROTEK, INC. PREVAILING WAGE 401(K) PLAN & TRUST is 385
In 2022, the average participant retirement account value for AEROTEK, INC. PREVAILING WAGE 401(K) PLAN & TRUST is $9,016
In 2022, the estimated average employee contribution amount per participant for AEROTEK, INC. PREVAILING WAGE 401(K) PLAN & TRUST is $51
In 2022, the estimated average employer match for an employee in AEROTEK, INC. PREVAILING WAGE 401(K) PLAN & TRUST is approximately $937
In 2022, AEROTEK, INC. PREVAILING WAGE 401(K) PLAN & TRUST allocates $360,888 to match its employees’ contributions, providing an employer match rate of 3612.85% of their contributions
In 2022, the total retirement plan asset growth rate of AEROTEK, INC. PREVAILING WAGE 401(K) PLAN & TRUST is -27.91%
In 2022, the estimated aggregate retirement account investment gain/loss for AEROTEK, INC. PREVAILING WAGE 401(K) PLAN & TRUST is -16.83%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of AEROTEK, INC. PREVAILING WAGE 401(K) PLAN & TRUST is 0.41%.
Enrollment Features
AEROTEK, INC. PREVAILING WAGE 401(K) PLAN & TRUST has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.