AKTION ASSOCIATES, INC. RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of AKTION ASSOCIATES, INC. RETIREMENT SAVINGS PLAN is $22,884,258.This plan was established in 1980.

At the end of 2022, the total number of retirement plan participants in AKTION ASSOCIATES, INC. RETIREMENT SAVINGS PLAN is 209

In 2022, the average participant retirement account value for AKTION ASSOCIATES, INC. RETIREMENT SAVINGS PLAN is $109,494

In 2022, the estimated average employee contribution amount per participant for AKTION ASSOCIATES, INC. RETIREMENT SAVINGS PLAN is $9,788

In 2022, the estimated average employer match for an employee in AKTION ASSOCIATES, INC. RETIREMENT SAVINGS PLAN is approximately $4,523

In 2022, AKTION ASSOCIATES, INC. RETIREMENT SAVINGS PLAN allocates $945,508 to match its employees’ contributions, providing an employer match rate of 50.84% of their contributions

In 2022, the total retirement plan asset growth rate of AKTION ASSOCIATES, INC. RETIREMENT SAVINGS PLAN is -4.26%

In 2022, the estimated aggregate retirement account investment gain/loss for AKTION ASSOCIATES, INC. RETIREMENT SAVINGS PLAN is -14.54%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AKTION ASSOCIATES, INC. RETIREMENT SAVINGS PLAN is 0.34%.

Enrollment Features

AKTION ASSOCIATES, INC. RETIREMENT 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.