AIRSEA PACKING GROUP INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 40-35 22ND STREET,LONG ISLAND CITY,NY
  • Phone: (718) 937-6800

Plan General Information


At the end of 2022, the total retirement plan assets of AIRSEA PACKING GROUP INC. 401(K) PLAN is $1,881,308.This plan was established in 2016.

At the end of 2022, the total number of retirement plan participants in AIRSEA PACKING GROUP INC. 401(K) PLAN is 248

In 2022, the average participant retirement account value for AIRSEA PACKING GROUP INC. 401(K) PLAN is $7,585

In 2022, the estimated average employee contribution amount per participant for AIRSEA PACKING GROUP INC. 401(K) PLAN is $1,126

In 2022, the estimated average employer match for an employee in AIRSEA PACKING GROUP INC. 401(K) PLAN is approximately $418

In 2022, AIRSEA PACKING GROUP INC. 401(K) PLAN allocates $103,910 to match its employees’ contributions, providing an employer match rate of 36.82% of their contributions

In 2022, the total retirement plan asset growth rate of AIRSEA PACKING GROUP INC. 401(K) PLAN is -11.97%

In 2022, the estimated aggregate retirement account investment gain/loss for AIRSEA PACKING GROUP INC. 401(K) PLAN is -17.73%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AIRSEA PACKING GROUP INC. 401(K) PLAN is 1.08%.

Enrollment Features

AIRSEA PACKING GROUP INC. 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.