AAMP GLOBAL 401K PLAN

Overview

Plan Contact

  • Address: 15500 LIGHTWAVE DRIVE,CLEARWATER,FL
  • Contact person: KATIE QUINN
  • Phone: (727) 803-0254

Plan General Information


At the end of 2022, the total retirement plan assets of AAMP GLOBAL 401K PLAN is $7,883,298.This plan was established in 2003.

At the end of 2022, the total number of retirement plan participants in AAMP GLOBAL 401K PLAN is 278

In 2022, the average participant retirement account value for AAMP GLOBAL 401K PLAN is $28,357

In 2022, the estimated average employee contribution amount per participant for AAMP GLOBAL 401K PLAN is $4,550

In 2022, the estimated average employer match for an employee in AAMP GLOBAL 401K PLAN is approximately $1,202

In 2022, AAMP GLOBAL 401K PLAN allocates $334,203 to match its employees’ contributions, providing an employer match rate of 31.73% of their contributions

In 2022, the total retirement plan asset growth rate of AAMP GLOBAL 401K PLAN is -27.20%

In 2022, the estimated aggregate retirement account investment gain/loss for AAMP GLOBAL 401K PLAN is -20.45%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AAMP GLOBAL 401K PLAN is 0.74%.

Enrollment Features

AAMP GLOBAL 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.