AAA COOPER TRANSPORTATION EMPLOYEES’ 401(K) PROFIT SHARING PLAN
Overview
Plan Contact
- Address: 1751 KINSEY ROAD,DOTHAN,AL
- Contact person: SCOTT BOWERS
- Phone: (334) 793-2284
Plan General Information
At the end of 2022, the total retirement plan assets of AAA COOPER TRANSPORTATION EMPLOYEES’ 401(K) PROFIT SHARING PLAN is $276,395,171.This plan was established in 1973.
At the end of 2022, the total number of retirement plan participants in AAA COOPER TRANSPORTATION EMPLOYEES’ 401(K) PROFIT SHARING PLAN is 5670
In 2022, the average participant retirement account value for AAA COOPER TRANSPORTATION EMPLOYEES’ 401(K) PROFIT SHARING PLAN is $48,746
In 2022, the estimated average employee contribution amount per participant for AAA COOPER TRANSPORTATION EMPLOYEES’ 401(K) PROFIT SHARING PLAN is $3,636
In 2022, the estimated average employer match for an employee in AAA COOPER TRANSPORTATION EMPLOYEES’ 401(K) PROFIT SHARING PLAN is approximately $1,095
In 2022, AAA COOPER TRANSPORTATION EMPLOYEES’ 401(K) PROFIT SHARING PLAN allocates $6,213,398 to match its employees’ contributions, providing an employer match rate of 30.78% of their contributions
In 2022, the total retirement plan asset growth rate of AAA COOPER TRANSPORTATION EMPLOYEES’ 401(K) PROFIT SHARING PLAN is -19.52%
In 2022, the estimated aggregate retirement account investment gain/loss for AAA COOPER TRANSPORTATION EMPLOYEES’ 401(K) PROFIT SHARING PLAN is -14.08%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of AAA COOPER TRANSPORTATION EMPLOYEES’ 401(K) PROFIT SHARING PLAN is 0.20%.
Enrollment Features
AAA COOPER TRANSPORTATION EMPLOYEES’ 401(K) PROFIT SHARING 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.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.