AFFILIATED THRIFT PLAN

At the end of 2022, the total retirement plan assets of AFFILIATED THRIFT PLAN is $177,720,896.This plan was established in 2000.

At the end of 2022, the total number of retirement plan participants in AFFILIATED THRIFT PLAN is 657

In 2022, the average participant retirement account value for AFFILIATED THRIFT PLAN is $270,503

In 2022, the estimated average employee contribution amount per participant for AFFILIATED THRIFT PLAN is $9,902

In 2022, the estimated average employer match for an employee in AFFILIATED THRIFT PLAN is approximately $7,048

In 2022, AFFILIATED THRIFT PLAN allocates $4,631,075 to match its employees’ contributions, providing an employer match rate of 73.25% of their contributions

In 2022, the total retirement plan asset growth rate of AFFILIATED THRIFT PLAN is -16.50%

In 2022, the estimated aggregate retirement account investment gain/loss for AFFILIATED THRIFT PLAN is -14.12%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AFFILIATED THRIFT PLAN is 0.05%.

Enrollment Features

AFFILIATED THRIFT PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    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.