AIRMAR TECHNOLOGY CORPORATION 401(K) PLAN

At the end of 2022, the total retirement plan assets of AIRMAR TECHNOLOGY CORPORATION 401(K) PLAN is $24,525,879.This plan was established in 1992.

At the end of 2022, the total number of retirement plan participants in AIRMAR TECHNOLOGY CORPORATION 401(K) PLAN is 361

In 2022, the average participant retirement account value for AIRMAR TECHNOLOGY CORPORATION 401(K) PLAN is $67,938

In 2022, the estimated average employee contribution amount per participant for AIRMAR TECHNOLOGY CORPORATION 401(K) PLAN is $4,492

In 2022, the estimated average employer match for an employee in AIRMAR TECHNOLOGY CORPORATION 401(K) PLAN is approximately $2,105

In 2022, AIRMAR TECHNOLOGY CORPORATION 401(K) PLAN allocates $760,171 to match its employees’ contributions, providing an employer match rate of 48.91% of their contributions

In 2022, the total retirement plan asset growth rate of AIRMAR TECHNOLOGY CORPORATION 401(K) PLAN is -13.13%

In 2022, the estimated aggregate retirement account investment gain/loss for AIRMAR TECHNOLOGY CORPORATION 401(K) PLAN is -14.40%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AIRMAR TECHNOLOGY CORPORATION 401(K) PLAN is 0.08%.

Enrollment Features

AIRMAR TECHNOLOGY CORPORATION 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.