ALLOSOURCE EMPLOYEES’ RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of ALLOSOURCE EMPLOYEES’ RETIREMENT PLAN is $48,211,817.This plan was established in 1991.

At the end of 2022, the total number of retirement plan participants in ALLOSOURCE EMPLOYEES’ RETIREMENT PLAN is 701

In 2022, the average participant retirement account value for ALLOSOURCE EMPLOYEES’ RETIREMENT PLAN is $68,775

In 2022, the estimated average employee contribution amount per participant for ALLOSOURCE EMPLOYEES’ RETIREMENT PLAN is $4,390

In 2022, the estimated average employer match for an employee in ALLOSOURCE EMPLOYEES’ RETIREMENT PLAN is approximately $1,247

In 2022, ALLOSOURCE EMPLOYEES’ RETIREMENT PLAN allocates $874,221 to match its employees’ contributions, providing an employer match rate of 28.73% of their contributions

In 2022, the total retirement plan asset growth rate of ALLOSOURCE EMPLOYEES’ RETIREMENT PLAN is -16.40%

In 2022, the estimated aggregate retirement account investment gain/loss for ALLOSOURCE EMPLOYEES’ RETIREMENT PLAN is -17.16%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ALLOSOURCE EMPLOYEES’ RETIREMENT PLAN is 0.29%.

Enrollment Features

ALLOSOURCE EMPLOYEES’ 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.