ALI GROUP RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of ALI GROUP RETIREMENT PLAN is $171,338,901.This plan was established in 2009.

At the end of 2022, the total number of retirement plan participants in ALI GROUP RETIREMENT PLAN is 2966

In 2022, the average participant retirement account value for ALI GROUP RETIREMENT PLAN is $57,767

In 2022, the estimated average employee contribution amount per participant for ALI GROUP RETIREMENT PLAN is $3,982

In 2022, the estimated average employer match for an employee in ALI GROUP RETIREMENT PLAN is approximately $1,980

In 2022, ALI GROUP RETIREMENT PLAN allocates $5,874,592 to match its employees’ contributions, providing an employer match rate of 52.80% of their contributions

In 2022, the total retirement plan asset growth rate of ALI GROUP RETIREMENT PLAN is -14.79%

In 2022, the estimated aggregate retirement account investment gain/loss for ALI GROUP RETIREMENT PLAN is -15.66%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ALI GROUP RETIREMENT PLAN is 0.18%.

Enrollment Features

ALI GROUP RETIREMENT PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.