AAA LIFE INSURANCE PENSION AND 401K PLAN

At the end of 2022, the total retirement plan assets of AAA LIFE INSURANCE PENSION AND 401K PLAN is $67,668,767.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in AAA LIFE INSURANCE PENSION AND 401K PLAN is 787

In 2022, the average participant retirement account value for AAA LIFE INSURANCE PENSION AND 401K PLAN is $85,983

In 2022, the estimated average employee contribution amount per participant for AAA LIFE INSURANCE PENSION AND 401K PLAN is $4,889

In 2022, the estimated average employer match for an employee in AAA LIFE INSURANCE PENSION AND 401K PLAN is approximately $4,492

In 2022, AAA LIFE INSURANCE PENSION AND 401K PLAN allocates $3,535,422 to match its employees’ contributions, providing an employer match rate of 91.35% of their contributions

In 2022, the total retirement plan asset growth rate of AAA LIFE INSURANCE PENSION AND 401K PLAN is -14.49%

In 2022, the estimated aggregate retirement account investment gain/loss for AAA LIFE INSURANCE PENSION AND 401K PLAN is -15.93%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AAA LIFE INSURANCE PENSION AND 401K PLAN is 0.15%.

Enrollment Features

AAA LIFE INSURANCE PENSION AND 401K 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.