AFI 401(K) SAVINGS PLAN

At the end of 2022, the total retirement plan assets of AFI 401(K) SAVINGS PLAN is $19,692,571.This plan was established in 2019.

At the end of 2022, the total number of retirement plan participants in AFI 401(K) SAVINGS PLAN is 188

In 2022, the average participant retirement account value for AFI 401(K) SAVINGS PLAN is $104,747

In 2022, the estimated average employee contribution amount per participant for AFI 401(K) SAVINGS PLAN is $6,847

In 2022, the estimated average employer match for an employee in AFI 401(K) SAVINGS PLAN is approximately $1,342

In 2022, AFI 401(K) SAVINGS PLAN allocates $252,377 to match its employees’ contributions, providing an employer match rate of 21.37% of their contributions

In 2022, the total retirement plan asset growth rate of AFI 401(K) SAVINGS PLAN is -15.91%

In 2022, the estimated aggregate retirement account investment gain/loss for AFI 401(K) SAVINGS PLAN is -15.38%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AFI 401(K) SAVINGS PLAN is 0.45%.

Enrollment Features

AFI 401(K) SAVINGS 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.