AEROSTAR SAVINGS & RETIREMEN PLAN
Overview
Plan Contact
- Address: PO BOX 38085,SAN JUAN,PR
- Contact person: NORMA GONZALEZ
- Phone: (787) 289-7240
Plan General Information
At the end of 2022, the total retirement plan assets of AEROSTAR SAVINGS & RETIREMEN PLAN is $4,831,675.This plan was established in 2013.
At the end of 2022, the total number of retirement plan participants in AEROSTAR SAVINGS & RETIREMEN PLAN is 273
In 2022, the average participant retirement account value for AEROSTAR SAVINGS & RETIREMEN PLAN is $17,698
In 2022, the estimated average employee contribution amount per participant for AEROSTAR SAVINGS & RETIREMEN PLAN is $1,623
In 2022, the estimated average employer match for an employee in AEROSTAR SAVINGS & RETIREMEN PLAN is approximately $1,286
In 2022, AEROSTAR SAVINGS & RETIREMEN PLAN allocates $351,198 to match its employees’ contributions, providing an employer match rate of 78.67% of their contributions
In 2022, the total retirement plan asset growth rate of AEROSTAR SAVINGS & RETIREMEN PLAN is -15.74%
In 2022, the estimated aggregate retirement account investment gain/loss for AEROSTAR SAVINGS & RETIREMEN PLAN is -18.08%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of AEROSTAR SAVINGS & RETIREMEN PLAN is 0.94%.
Enrollment Features
AEROSTAR SAVINGS & RETIREMEN 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.