AALBERTS IPS AMERICAS RETIREMENT AND SAVINGS PLAN.

Overview

Plan Contact

  • Address: 10715 SIKES PLACE,,CHARLOTTE,NC
  • Contact person: SARAH SATKUS
  • Phone: (704) 841-6009

Plan General Information


At the end of 2022, the total retirement plan assets of AALBERTS IPS AMERICAS RETIREMENT AND SAVINGS PLAN. is $51,988,894.This plan was established in 1998.

At the end of 2022, the total number of retirement plan participants in AALBERTS IPS AMERICAS RETIREMENT AND SAVINGS PLAN. is 1729

In 2022, the average participant retirement account value for AALBERTS IPS AMERICAS RETIREMENT AND SAVINGS PLAN. is $30,068

In 2022, the estimated average employee contribution amount per participant for AALBERTS IPS AMERICAS RETIREMENT AND SAVINGS PLAN. is $2,738

In 2022, the estimated average employer match for an employee in AALBERTS IPS AMERICAS RETIREMENT AND SAVINGS PLAN. is approximately $552

In 2022, AALBERTS IPS AMERICAS RETIREMENT AND SAVINGS PLAN. allocates $955,903 to match its employees’ contributions, providing an employer match rate of 21.30% of their contributions

In 2022, the total retirement plan asset growth rate of AALBERTS IPS AMERICAS RETIREMENT AND SAVINGS PLAN. is -22.94%

In 2022, the estimated aggregate retirement account investment gain/loss for AALBERTS IPS AMERICAS RETIREMENT AND SAVINGS PLAN. is -17.55%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AALBERTS IPS AMERICAS RETIREMENT AND SAVINGS PLAN. is 0.21%.

Enrollment Features

AALBERTS IPS AMERICAS RETIREMENT AND SAVINGS 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.