ALERIS 401(K) PLAN FOR DAVENPORT UNION

At the end of 2022, the total retirement plan assets of ALERIS 401(K) PLAN FOR DAVENPORT UNION is $28,879,793.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in ALERIS 401(K) PLAN FOR DAVENPORT UNION is 242

In 2022, the average participant retirement account value for ALERIS 401(K) PLAN FOR DAVENPORT UNION is $119,337

In 2022, the estimated average employee contribution amount per participant for ALERIS 401(K) PLAN FOR DAVENPORT UNION is $3,339

In 2022, the estimated average employer match for an employee in ALERIS 401(K) PLAN FOR DAVENPORT UNION is approximately $3,366

In 2022, ALERIS 401(K) PLAN FOR DAVENPORT UNION allocates $814,753 to match its employees’ contributions, providing an employer match rate of 98.99% of their contributions

In 2022, the total retirement plan asset growth rate of ALERIS 401(K) PLAN FOR DAVENPORT UNION is -25.62%

In 2022, the estimated aggregate retirement account investment gain/loss for ALERIS 401(K) PLAN FOR DAVENPORT UNION is -17.37%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ALERIS 401(K) PLAN FOR DAVENPORT UNION is 0.10%.

Enrollment Features

ALERIS 401(K) PLAN FOR DAVENPORT UNION has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.