ALLEN AIRCRAFT PRODUCTS, INC. 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of ALLEN AIRCRAFT PRODUCTS, INC. 401(K) PROFIT SHARING PLAN is $17,614,688.This plan was established in 1986.

At the end of 2022, the total number of retirement plan participants in ALLEN AIRCRAFT PRODUCTS, INC. 401(K) PROFIT SHARING PLAN is 158

In 2022, the average participant retirement account value for ALLEN AIRCRAFT PRODUCTS, INC. 401(K) PROFIT SHARING PLAN is $111,485

In 2022, the estimated average employee contribution amount per participant for ALLEN AIRCRAFT PRODUCTS, INC. 401(K) PROFIT SHARING PLAN is $3,041

In 2022, the estimated average employer match for an employee in ALLEN AIRCRAFT PRODUCTS, INC. 401(K) PROFIT SHARING PLAN is approximately $2,005

In 2022, ALLEN AIRCRAFT PRODUCTS, INC. 401(K) PROFIT SHARING PLAN allocates $316,879 to match its employees’ contributions, providing an employer match rate of 64.91% of their contributions

In 2022, the total retirement plan asset growth rate of ALLEN AIRCRAFT PRODUCTS, INC. 401(K) PROFIT SHARING PLAN is -18.04%

In 2022, the estimated aggregate retirement account investment gain/loss for ALLEN AIRCRAFT PRODUCTS, INC. 401(K) PROFIT SHARING PLAN is -15.88%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ALLEN AIRCRAFT PRODUCTS, INC. 401(K) PROFIT SHARING PLAN is 0.00%.

Enrollment Features

ALLEN AIRCRAFT PRODUCTS, INC. 401(K) PROFIT SHARING 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.