AAA NORTH PENN 401K PLAN

At the end of 2022, the total retirement plan assets of AAA NORTH PENN 401K PLAN is $13,281,913.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in AAA NORTH PENN 401K PLAN is 158

In 2022, the average participant retirement account value for AAA NORTH PENN 401K PLAN is $84,062

In 2022, the estimated average employee contribution amount per participant for AAA NORTH PENN 401K PLAN is $3,239

In 2022, the estimated average employer match for an employee in AAA NORTH PENN 401K PLAN is approximately $1,444

In 2022, AAA NORTH PENN 401K PLAN allocates $228,297 to match its employees’ contributions, providing an employer match rate of 44.46% of their contributions

In 2022, the total retirement plan asset growth rate of AAA NORTH PENN 401K PLAN is -16.49%

In 2022, the estimated aggregate retirement account investment gain/loss for AAA NORTH PENN 401K PLAN is -13.78%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AAA NORTH PENN 401K PLAN is 0.51%.

Enrollment Features

AAA NORTH PENN 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.