ADVANCE TRADING, INC. 401(K) PLAN AND ESOP

At the end of 2022, the total retirement plan assets of ADVANCE TRADING, INC. 401(K) PLAN AND ESOP is $88,275,796.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in ADVANCE TRADING, INC. 401(K) PLAN AND ESOP is 140

In 2022, the average participant retirement account value for ADVANCE TRADING, INC. 401(K) PLAN AND ESOP is $630,541

In 2022, the estimated average employee contribution amount per participant for ADVANCE TRADING, INC. 401(K) PLAN AND ESOP is $8,732

In 2022, the estimated average employer match for an employee in ADVANCE TRADING, INC. 401(K) PLAN AND ESOP is approximately $3,320

In 2022, ADVANCE TRADING, INC. 401(K) PLAN AND ESOP allocates $464,907 to match its employees’ contributions, providing an employer match rate of 39.00% of their contributions

In 2022, the total retirement plan asset growth rate of ADVANCE TRADING, INC. 401(K) PLAN AND ESOP is -7.97%

In 2022, the estimated aggregate retirement account investment gain/loss for ADVANCE TRADING, INC. 401(K) PLAN AND ESOP is -3.12%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ADVANCE TRADING, INC. 401(K) PLAN AND ESOP is 0.21%.

Enrollment Features

ADVANCE TRADING, INC. 401(K) PLAN AND ESOP has the following features:
    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.