AKAM LIVING SERVICES, INC. 401(K) SAVINGS PLAN

Overview

Plan Contact

  • Address: 99 PARK AVE,,NEW YORK CITY,NY
  • Contact person: DEB WOODHEAD
  • Phone: (954) 843-2526

Plan General Information


At the end of 2022, the total retirement plan assets of AKAM LIVING SERVICES, INC. 401(K) SAVINGS PLAN is $8,323,598.This plan was established in 1996.

At the end of 2022, the total number of retirement plan participants in AKAM LIVING SERVICES, INC. 401(K) SAVINGS PLAN is 884

In 2022, the average participant retirement account value for AKAM LIVING SERVICES, INC. 401(K) SAVINGS PLAN is $9,415

In 2022, the estimated average employee contribution amount per participant for AKAM LIVING SERVICES, INC. 401(K) SAVINGS PLAN is $2,109

In 2022, the estimated average employer match for an employee in AKAM LIVING SERVICES, INC. 401(K) SAVINGS PLAN is approximately $180

In 2022, AKAM LIVING SERVICES, INC. 401(K) SAVINGS PLAN allocates $159,860 to match its employees’ contributions, providing an employer match rate of 9.53% of their contributions

In 2022, the total retirement plan asset growth rate of AKAM LIVING SERVICES, INC. 401(K) SAVINGS PLAN is -2.00%

In 2022, the estimated aggregate retirement account investment gain/loss for AKAM LIVING SERVICES, INC. 401(K) SAVINGS PLAN is -16.49%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AKAM LIVING SERVICES, INC. 401(K) SAVINGS PLAN is 0.62%.

Enrollment Features

AKAM LIVING SERVICES, INC. 401(K) SAVINGS 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.