ABO 401(K) PLAN

At the end of 2022, the total retirement plan assets of ABO 401(K) PLAN is $44,821,776.This plan was established in 2000.

At the end of 2022, the total number of retirement plan participants in ABO 401(K) PLAN is 4486

In 2022, the average participant retirement account value for ABO 401(K) PLAN is $9,991

In 2022, the estimated average employee contribution amount per participant for ABO 401(K) PLAN is $1,355

In 2022, the estimated average employer match for an employee in ABO 401(K) PLAN is approximately $444

In 2022, ABO 401(K) PLAN allocates $1,994,530 to match its employees’ contributions, providing an employer match rate of 33.90% of their contributions

In 2022, the total retirement plan asset growth rate of ABO 401(K) PLAN is -1.36%

In 2022, the estimated aggregate retirement account investment gain/loss for ABO 401(K) PLAN is -10.16%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ABO 401(K) PLAN is 1.03%.

Enrollment Features

ABO 401(K) 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.