AIRCO SERVICE, INC. EMPLOYEE RETIREMENT 401(K) PLAN

At the end of 2021, the total retirement plan assets of AIRCO SERVICE, INC. EMPLOYEE RETIREMENT 401(K) PLAN is $9,542,411.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in AIRCO SERVICE, INC. EMPLOYEE RETIREMENT 401(K) PLAN is 246

In 2021, the average participant retirement account value for AIRCO SERVICE, INC. EMPLOYEE RETIREMENT 401(K) PLAN is $38,790

In 2021, the estimated average employee contribution amount per participant for AIRCO SERVICE, INC. EMPLOYEE RETIREMENT 401(K) PLAN is $2,372

In 2021, the estimated average employer match for an employee in AIRCO SERVICE, INC. EMPLOYEE RETIREMENT 401(K) PLAN is approximately $877

In 2021, AIRCO SERVICE, INC. EMPLOYEE RETIREMENT 401(K) PLAN allocates $215,976 to match its employees’ contributions, providing an employer match rate of 37.00% of their contributions

In 2021, the total retirement plan asset growth rate of AIRCO SERVICE, INC. EMPLOYEE RETIREMENT 401(K) PLAN is 25.58%

In 2021, the estimated aggregate retirement account investment gain/loss for AIRCO SERVICE, INC. EMPLOYEE RETIREMENT 401(K) PLAN is 16.69%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of AIRCO SERVICE, INC. EMPLOYEE RETIREMENT 401(K) PLAN is 0.26%.

Enrollment Features

AIRCO SERVICE, INC. EMPLOYEE RETIREMENT 401(K) 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.