AAM, LLC 401(K) PROFIT SHARING PLAN AND TRUST

At the end of 2022, the total retirement plan assets of AAM, LLC 401(K) PROFIT SHARING PLAN AND TRUST is $17,637,502.This plan was established in 1998.

At the end of 2022, the total number of retirement plan participants in AAM, LLC 401(K) PROFIT SHARING PLAN AND TRUST is 910

In 2022, the average participant retirement account value for AAM, LLC 401(K) PROFIT SHARING PLAN AND TRUST is $19,381

In 2022, the estimated average employee contribution amount per participant for AAM, LLC 401(K) PROFIT SHARING PLAN AND TRUST is $2,951

In 2022, the estimated average employer match for an employee in AAM, LLC 401(K) PROFIT SHARING PLAN AND TRUST is approximately $480

In 2022, AAM, LLC 401(K) PROFIT SHARING PLAN AND TRUST allocates $437,201 to match its employees’ contributions, providing an employer match rate of 16.16% of their contributions

In 2022, the total retirement plan asset growth rate of AAM, LLC 401(K) PROFIT SHARING PLAN AND TRUST is -7.30%

In 2022, the estimated aggregate retirement account investment gain/loss for AAM, LLC 401(K) PROFIT SHARING PLAN AND TRUST is -15.22%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AAM, LLC 401(K) PROFIT SHARING PLAN AND TRUST is 0.38%.

Enrollment Features

AAM, LLC 401(K) PROFIT SHARING PLAN AND TRUST 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.