ALPHAPET, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 1301 FINLEY ISLAND ROAD,DECATUR,AL
  • Contact person: SASWATI BISWAS
  • Phone: (256) 308-1180

Plan General Information


At the end of 2022, the total retirement plan assets of ALPHAPET, INC. 401(K) PLAN is $8,488,230.This plan was established in 2008.

At the end of 2022, the total number of retirement plan participants in ALPHAPET, INC. 401(K) PLAN is 133

In 2022, the average participant retirement account value for ALPHAPET, INC. 401(K) PLAN is $63,821

In 2022, the estimated average employee contribution amount per participant for ALPHAPET, INC. 401(K) PLAN is $4,755

In 2022, the estimated average employer match for an employee in ALPHAPET, INC. 401(K) PLAN is approximately $2,917

In 2022, ALPHAPET, INC. 401(K) PLAN allocates $387,975 to match its employees’ contributions, providing an employer match rate of 59.98% of their contributions

In 2022, the total retirement plan asset growth rate of ALPHAPET, INC. 401(K) PLAN is -14.83%

In 2022, the estimated aggregate retirement account investment gain/loss for ALPHAPET, INC. 401(K) PLAN is -17.13%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ALPHAPET, INC. 401(K) PLAN is 0.33%.

Enrollment Features

ALPHAPET, INC. 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.