ADVANCED SERVICES, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN
Overview
Plan Contact
- Address: 6419 SHELBY VIEW,,MEMPHIS,TN
- Contact person: AMY SCHLUETER
- Phone: (901) 387-4087
Plan General Information
At the end of 2022, the total retirement plan assets of ADVANCED SERVICES, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN is $15,196,300.This plan was established in 1991.
At the end of 2022, the total number of retirement plan participants in ADVANCED SERVICES, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN is 985
In 2022, the average participant retirement account value for ADVANCED SERVICES, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN is $15,427
In 2022, the estimated average employee contribution amount per participant for ADVANCED SERVICES, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN is $1,486
In 2022, the estimated average employer match for an employee in ADVANCED SERVICES, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN is approximately $793
In 2022, ADVANCED SERVICES, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN allocates $781,541 to match its employees’ contributions, providing an employer match rate of 57.09% of their contributions
In 2022, the total retirement plan asset growth rate of ADVANCED SERVICES, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN is -9.75%
In 2022, the estimated aggregate retirement account investment gain/loss for ADVANCED SERVICES, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN is -16.36%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ADVANCED SERVICES, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN is 0.13%.
Enrollment Features
ADVANCED SERVICES, INC. EMPLOYEE SAVINGS AND RETIREMENT 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.