AES CLEAN TECHNOLOGY, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 422 STUMP ROAD,MONTGOMERYVILLE,PA
  • Contact person: STEVEN BENTSON
  • Phone: (215) 393-6810

Plan General Information


At the end of 2022, the total retirement plan assets of AES CLEAN TECHNOLOGY, INC. 401(K) PLAN is $18,749,597.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in AES CLEAN TECHNOLOGY, INC. 401(K) PLAN is 305

In 2022, the average participant retirement account value for AES CLEAN TECHNOLOGY, INC. 401(K) PLAN is $61,474

In 2022, the estimated average employee contribution amount per participant for AES CLEAN TECHNOLOGY, INC. 401(K) PLAN is $4,059

In 2022, the estimated average employer match for an employee in AES CLEAN TECHNOLOGY, INC. 401(K) PLAN is approximately $1,775

In 2022, AES CLEAN TECHNOLOGY, INC. 401(K) PLAN allocates $541,644 to match its employees’ contributions, providing an employer match rate of 47.23% of their contributions

In 2022, the total retirement plan asset growth rate of AES CLEAN TECHNOLOGY, INC. 401(K) PLAN is -16.31%

In 2022, the estimated aggregate retirement account investment gain/loss for AES CLEAN TECHNOLOGY, INC. 401(K) PLAN is -16.23%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AES CLEAN TECHNOLOGY, INC. 401(K) PLAN is 0.40%.

Enrollment Features

AES CLEAN TECHNOLOGY, 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.