AAFMAA ENTITY 401K PLAN

At the end of 2022, the total retirement plan assets of AAFMAA ENTITY 401K PLAN is $6,619,491.This plan was established in 2010.

At the end of 2022, the total number of retirement plan participants in AAFMAA ENTITY 401K PLAN is 219

In 2022, the average participant retirement account value for AAFMAA ENTITY 401K PLAN is $30,225

In 2022, the estimated average employee contribution amount per participant for AAFMAA ENTITY 401K PLAN is $6,066

In 2022, the estimated average employer match for an employee in AAFMAA ENTITY 401K PLAN is approximately $2,567

In 2022, AAFMAA ENTITY 401K PLAN allocates $562,266 to match its employees’ contributions, providing an employer match rate of 49.56% of their contributions

In 2022, the total retirement plan asset growth rate of AAFMAA ENTITY 401K PLAN is -12.34%

In 2022, the estimated aggregate retirement account investment gain/loss for AAFMAA ENTITY 401K PLAN is -18.85%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AAFMAA ENTITY 401K PLAN is 0.01%.

Enrollment Features

AAFMAA ENTITY 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.