ABEO MANAGEMENT CORPORATION RETIREMENT PLAN

At the end of 2021, the total retirement plan assets of ABEO MANAGEMENT CORPORATION RETIREMENT PLAN is $17,004,296.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in ABEO MANAGEMENT CORPORATION RETIREMENT PLAN is 761

In 2021, the average participant retirement account value for ABEO MANAGEMENT CORPORATION RETIREMENT PLAN is $22,344

In 2021, the estimated average employee contribution amount per participant for ABEO MANAGEMENT CORPORATION RETIREMENT PLAN is $2,327

In 2021, the estimated average employer match for an employee in ABEO MANAGEMENT CORPORATION RETIREMENT PLAN is approximately $310

In 2021, ABEO MANAGEMENT CORPORATION RETIREMENT PLAN allocates $236,511 to match its employees’ contributions, providing an employer match rate of 13.35% of their contributions

In 2021, the total retirement plan asset growth rate of ABEO MANAGEMENT CORPORATION RETIREMENT PLAN is 18.13%

In 2021, the estimated aggregate retirement account investment gain/loss for ABEO MANAGEMENT CORPORATION RETIREMENT PLAN is 13.85%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of ABEO MANAGEMENT CORPORATION RETIREMENT PLAN is 0.67%.

Enrollment Features

ABEO MANAGEMENT CORPORATION RETIREMENT 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.