ADVANCED BILLING CONSULTANTS, LLC 401(K) PLAN

At the end of 2022, the total retirement plan assets of ADVANCED BILLING CONSULTANTS, LLC 401(K) PLAN is $2,685,021.This plan was established in 2021.

At the end of 2022, the total number of retirement plan participants in ADVANCED BILLING CONSULTANTS, LLC 401(K) PLAN is 129

In 2022, the average participant retirement account value for ADVANCED BILLING CONSULTANTS, LLC 401(K) PLAN is $20,814

In 2022, the estimated average employee contribution amount per participant for ADVANCED BILLING CONSULTANTS, LLC 401(K) PLAN is $1,161

In 2022, the estimated average employer match for an employee in ADVANCED BILLING CONSULTANTS, LLC 401(K) PLAN is approximately $3,164

In 2022, ADVANCED BILLING CONSULTANTS, LLC 401(K) PLAN allocates $408,240 to match its employees’ contributions, providing an employer match rate of 285.86% of their contributions

In 2022, the total retirement plan asset growth rate of ADVANCED BILLING CONSULTANTS, LLC 401(K) PLAN is 420.17%

In 2022, the estimated aggregate retirement account investment gain/loss for ADVANCED BILLING CONSULTANTS, LLC 401(K) PLAN is 219.98%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ADVANCED BILLING CONSULTANTS, LLC 401(K) PLAN is 0.41%.

Enrollment Features

ADVANCED BILLING CONSULTANTS, LLC 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.