AHIP 401(K) PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 601 PENNSYLVANIA AVENUE, NW,,WASHINGTON,DC
  • Contact person: DAWN BANDA
  • Phone: (202) 778-3200

Plan General Information


At the end of 2022, the total retirement plan assets of AHIP 401(K) PROFIT SHARING PLAN is $38,617,989.This plan was established in 1971.

At the end of 2022, the total number of retirement plan participants in AHIP 401(K) PROFIT SHARING PLAN is 194

In 2022, the average participant retirement account value for AHIP 401(K) PROFIT SHARING PLAN is $199,061

In 2022, the estimated average employee contribution amount per participant for AHIP 401(K) PROFIT SHARING PLAN is $8,669

In 2022, the estimated average employer match for an employee in AHIP 401(K) PROFIT SHARING PLAN is approximately $6,413

In 2022, AHIP 401(K) PROFIT SHARING PLAN allocates $1,244,211 to match its employees’ contributions, providing an employer match rate of 73.97% of their contributions

In 2022, the total retirement plan asset growth rate of AHIP 401(K) PROFIT SHARING PLAN is -23.38%

In 2022, the estimated aggregate retirement account investment gain/loss for AHIP 401(K) PROFIT SHARING PLAN is -19.03%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AHIP 401(K) PROFIT SHARING PLAN is 0.01%.

Enrollment Features

AHIP 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.