ABELL RETIREMENT PLAN AND TRUST

Overview

Plan Contact

  • Address: 2500 STERLINGTON ROAD,MONROE,LA
  • Phone: (318) 388-0400

Plan General Information


At the end of 2022, the total retirement plan assets of ABELL RETIREMENT PLAN AND TRUST is $15,968,814.This plan was established in 1973.

At the end of 2022, the total number of retirement plan participants in ABELL RETIREMENT PLAN AND TRUST is 163

In 2022, the average participant retirement account value for ABELL RETIREMENT PLAN AND TRUST is $97,968

In 2022, the estimated average employee contribution amount per participant for ABELL RETIREMENT PLAN AND TRUST is $3,786

In 2022, the estimated average employer match for an employee in ABELL RETIREMENT PLAN AND TRUST is approximately $2,261

In 2022, ABELL RETIREMENT PLAN AND TRUST allocates $368,567 to match its employees’ contributions, providing an employer match rate of 56.59% of their contributions

In 2022, the total retirement plan asset growth rate of ABELL RETIREMENT PLAN AND TRUST is -18.05%

In 2022, the estimated aggregate retirement account investment gain/loss for ABELL RETIREMENT PLAN AND TRUST is -14.23%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ABELL RETIREMENT PLAN AND TRUST is 0.52%.

Enrollment Features

ABELL RETIREMENT 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.
    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.