AFFORDABLE RENT-TO-OWN, LLC 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of AFFORDABLE RENT-TO-OWN, LLC 401(K) PROFIT SHARING PLAN is $18,987,712.This plan was established in 1992.

At the end of 2022, the total number of retirement plan participants in AFFORDABLE RENT-TO-OWN, LLC 401(K) PROFIT SHARING PLAN is 338

In 2022, the average participant retirement account value for AFFORDABLE RENT-TO-OWN, LLC 401(K) PROFIT SHARING PLAN is $56,176

In 2022, the estimated average employee contribution amount per participant for AFFORDABLE RENT-TO-OWN, LLC 401(K) PROFIT SHARING PLAN is $1,639

In 2022, the estimated average employer match for an employee in AFFORDABLE RENT-TO-OWN, LLC 401(K) PROFIT SHARING PLAN is approximately $1,831

In 2022, AFFORDABLE RENT-TO-OWN, LLC 401(K) PROFIT SHARING PLAN allocates $618,964 to match its employees’ contributions, providing an employer match rate of 106.67% of their contributions

In 2022, the total retirement plan asset growth rate of AFFORDABLE RENT-TO-OWN, LLC 401(K) PROFIT SHARING PLAN is -22.19%

In 2022, the estimated aggregate retirement account investment gain/loss for AFFORDABLE RENT-TO-OWN, LLC 401(K) PROFIT SHARING PLAN is -19.54%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AFFORDABLE RENT-TO-OWN, LLC 401(K) PROFIT SHARING PLAN is 0.53%.

Enrollment Features

AFFORDABLE RENT-TO-OWN, LLC 401(K) PROFIT SHARING 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.