AIRBUS AMERICAS, INC. 401(K) SAVINGS PLAN
Overview
Plan Contact
- Address: 2550 WASSER TER STE 9100,HERNDON,VA
- Contact person: LINDSAY LENTZ
- Phone: (703) 834-3400
Plan General Information
At the end of 2022, the total retirement plan assets of AIRBUS AMERICAS, INC. 401(K) SAVINGS PLAN is $291,895,117.This plan was established in 2002.
At the end of 2022, the total number of retirement plan participants in AIRBUS AMERICAS, INC. 401(K) SAVINGS PLAN is 1267
In 2022, the average participant retirement account value for AIRBUS AMERICAS, INC. 401(K) SAVINGS PLAN is $230,382
In 2022, the estimated average employee contribution amount per participant for AIRBUS AMERICAS, INC. 401(K) SAVINGS PLAN is $9,559
In 2022, the estimated average employer match for an employee in AIRBUS AMERICAS, INC. 401(K) SAVINGS PLAN is approximately $12,860
In 2022, AIRBUS AMERICAS, INC. 401(K) SAVINGS PLAN allocates $16,294,209 to match its employees’ contributions, providing an employer match rate of 138.57% of their contributions
In 2022, the total retirement plan asset growth rate of AIRBUS AMERICAS, INC. 401(K) SAVINGS PLAN is -16.83%
In 2022, the estimated aggregate retirement account investment gain/loss for AIRBUS AMERICAS, INC. 401(K) SAVINGS PLAN is -18.71%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of AIRBUS AMERICAS, INC. 401(K) SAVINGS PLAN is 0.06%.
Enrollment Features
AIRBUS AMERICAS, INC. 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.