AARA 401(K) PLAN

At the end of 2022, the total retirement plan assets of AARA 401(K) PLAN is $20,076,973.This plan was established in 2015.

At the end of 2022, the total number of retirement plan participants in AARA 401(K) PLAN is 844

In 2022, the average participant retirement account value for AARA 401(K) PLAN is $23,787

In 2022, the estimated average employee contribution amount per participant for AARA 401(K) PLAN is $3,861

In 2022, the estimated average employer match for an employee in AARA 401(K) PLAN is approximately $1,157

In 2022, AARA 401(K) PLAN allocates $977,264 to match its employees’ contributions, providing an employer match rate of 33.81% of their contributions

In 2022, the total retirement plan asset growth rate of AARA 401(K) PLAN is -2.62%

In 2022, the estimated aggregate retirement account investment gain/loss for AARA 401(K) PLAN is -14.48%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AARA 401(K) PLAN is 0.44%.

Enrollment Features

AARA 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.