AAA NORTHEAST RETIREMENT PLAN
Overview
Plan Contact
- Address: 110 ROYAL LITTLE DRIVE,PROVIDENCE,RI
- Contact person: KRISTEN BOTELHO
- Phone: (401) 868-2040
Plan General Information
At the end of 2022, the total retirement plan assets of AAA NORTHEAST RETIREMENT PLAN is $270,192,964.This plan was established in 1986.
At the end of 2022, the total number of retirement plan participants in AAA NORTHEAST RETIREMENT PLAN is 4201
In 2022, the average participant retirement account value for AAA NORTHEAST RETIREMENT PLAN is $64,316
In 2022, the estimated average employee contribution amount per participant for AAA NORTHEAST RETIREMENT PLAN is $3,557
In 2022, the estimated average employer match for an employee in AAA NORTHEAST RETIREMENT PLAN is approximately $2,219
In 2022, AAA NORTHEAST RETIREMENT PLAN allocates $9,325,085 to match its employees’ contributions, providing an employer match rate of 68.21% of their contributions
In 2022, the total retirement plan asset growth rate of AAA NORTHEAST RETIREMENT PLAN is -14.80%
In 2022, the estimated aggregate retirement account investment gain/loss for AAA NORTHEAST RETIREMENT PLAN is -15.01%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of AAA NORTHEAST RETIREMENT PLAN is 0.04%.
Enrollment Features
AAA NORTHEAST RETIREMENT 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.