AIRLINES FOR AMERICA EMPLOYEE SAVINGS PLAN

At the end of 2022, the total retirement plan assets of AIRLINES FOR AMERICA EMPLOYEE SAVINGS PLAN is $36,195,023.This plan was established in 1952.

At the end of 2022, the total number of retirement plan participants in AIRLINES FOR AMERICA EMPLOYEE SAVINGS PLAN is 115

In 2022, the average participant retirement account value for AIRLINES FOR AMERICA EMPLOYEE SAVINGS PLAN is $314,739

In 2022, the estimated average employee contribution amount per participant for AIRLINES FOR AMERICA EMPLOYEE SAVINGS PLAN is $10,568

In 2022, the estimated average employer match for an employee in AIRLINES FOR AMERICA EMPLOYEE SAVINGS PLAN is approximately $8,330

In 2022, AIRLINES FOR AMERICA EMPLOYEE SAVINGS PLAN allocates $958,019 to match its employees’ contributions, providing an employer match rate of 77.15% of their contributions

In 2022, the total retirement plan asset growth rate of AIRLINES FOR AMERICA EMPLOYEE SAVINGS PLAN is -18.14%

In 2022, the estimated aggregate retirement account investment gain/loss for AIRLINES FOR AMERICA EMPLOYEE SAVINGS PLAN is -17.22%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AIRLINES FOR AMERICA EMPLOYEE SAVINGS PLAN is 0.01%.

Enrollment Features

AIRLINES FOR AMERICA EMPLOYEE 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.