ALTAMIRA 401(K) PLAN

At the end of 2022, the total retirement plan assets of ALTAMIRA 401(K) PLAN is $5,548,107.This plan was established in 2014.

At the end of 2022, the total number of retirement plan participants in ALTAMIRA 401(K) PLAN is 129

In 2022, the average participant retirement account value for ALTAMIRA 401(K) PLAN is $43,008

In 2022, the estimated average employee contribution amount per participant for ALTAMIRA 401(K) PLAN is $2,576

In 2022, the estimated average employer match for an employee in ALTAMIRA 401(K) PLAN is approximately $811

In 2022, ALTAMIRA 401(K) PLAN allocates $104,667 to match its employees’ contributions, providing an employer match rate of 33.86% of their contributions

In 2022, the total retirement plan asset growth rate of ALTAMIRA 401(K) PLAN is -31.68%

In 2022, the estimated aggregate retirement account investment gain/loss for ALTAMIRA 401(K) PLAN is -18.76%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ALTAMIRA 401(K) PLAN is 0.95%.

Enrollment Features

ALTAMIRA 401(K) 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.