AERO METALS, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of AERO METALS, INC. 401(K) PLAN is $12,282,606.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in AERO METALS, INC. 401(K) PLAN is 304

In 2022, the average participant retirement account value for AERO METALS, INC. 401(K) PLAN is $40,403

In 2022, the estimated average employee contribution amount per participant for AERO METALS, INC. 401(K) PLAN is $2,085

In 2022, the estimated average employer match for an employee in AERO METALS, INC. 401(K) PLAN is approximately $328

In 2022, AERO METALS, INC. 401(K) PLAN allocates $99,998 to match its employees’ contributions, providing an employer match rate of 16.20% of their contributions

In 2022, the total retirement plan asset growth rate of AERO METALS, INC. 401(K) PLAN is -19.94%

In 2022, the estimated aggregate retirement account investment gain/loss for AERO METALS, INC. 401(K) PLAN is -15.88%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AERO METALS, INC. 401(K) PLAN is 0.45%.

Enrollment Features

AERO METALS, INC. 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.
    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.