ALLEN INSTITUTE 401(K) PLAN

At the end of 2022, the total retirement plan assets of ALLEN INSTITUTE 401(K) PLAN is $84,972,220.This plan was established in 2004.

At the end of 2022, the total number of retirement plan participants in ALLEN INSTITUTE 401(K) PLAN is 809

In 2022, the average participant retirement account value for ALLEN INSTITUTE 401(K) PLAN is $105,033

In 2022, the estimated average employee contribution amount per participant for ALLEN INSTITUTE 401(K) PLAN is $11,160

In 2022, the estimated average employer match for an employee in ALLEN INSTITUTE 401(K) PLAN is approximately $5,085

In 2022, ALLEN INSTITUTE 401(K) PLAN allocates $4,114,499 to match its employees’ contributions, providing an employer match rate of 48.10% of their contributions

In 2022, the total retirement plan asset growth rate of ALLEN INSTITUTE 401(K) PLAN is -9.07%

In 2022, the estimated aggregate retirement account investment gain/loss for ALLEN INSTITUTE 401(K) PLAN is -17.55%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ALLEN INSTITUTE 401(K) PLAN is 0.06%.

Enrollment Features

ALLEN INSTITUTE 401(K) 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.