AERZEN USA CORP. 401(K) PROFIT SHARING PLAN & TRUST
Overview
Plan Contact
- Address: 108 INDEPENDENCE WAY,COATESVILLE,PA
- Contact person: CHERI HAGER
- Phone: (484) 798-8939
Plan General Information
At the end of 2022, the total retirement plan assets of AERZEN USA CORP. 401(K) PROFIT SHARING PLAN & TRUST is $10,573,472.This plan was established in 1997.
At the end of 2022, the total number of retirement plan participants in AERZEN USA CORP. 401(K) PROFIT SHARING PLAN & TRUST is 178
In 2022, the average participant retirement account value for AERZEN USA CORP. 401(K) PROFIT SHARING PLAN & TRUST is $59,401
In 2022, the estimated average employee contribution amount per participant for AERZEN USA CORP. 401(K) PROFIT SHARING PLAN & TRUST is $11,991
In 2022, the estimated average employer match for an employee in AERZEN USA CORP. 401(K) PROFIT SHARING PLAN & TRUST is approximately $1,864
In 2022, AERZEN USA CORP. 401(K) PROFIT SHARING PLAN & TRUST allocates $331,909 to match its employees’ contributions, providing an employer match rate of 31.10% of their contributions
In 2022, the total retirement plan asset growth rate of AERZEN USA CORP. 401(K) PROFIT SHARING PLAN & TRUST is -9.74%
In 2022, the estimated aggregate retirement account investment gain/loss for AERZEN USA CORP. 401(K) PROFIT SHARING PLAN & TRUST is -16.87%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of AERZEN USA CORP. 401(K) PROFIT SHARING PLAN & TRUST is 0.43%.
Enrollment Features
AERZEN USA CORP. 401(K) PROFIT SHARING 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.