ALTIVIA 401(K) PLAN

At the end of 2022, the total retirement plan assets of ALTIVIA 401(K) PLAN is $22,457,538.This plan was established in 2015.

At the end of 2022, the total number of retirement plan participants in ALTIVIA 401(K) PLAN is 366

In 2022, the average participant retirement account value for ALTIVIA 401(K) PLAN is $61,359

In 2022, the estimated average employee contribution amount per participant for ALTIVIA 401(K) PLAN is $7,150

In 2022, the estimated average employer match for an employee in ALTIVIA 401(K) PLAN is approximately $3,410

In 2022, ALTIVIA 401(K) PLAN allocates $1,248,244 to match its employees’ contributions, providing an employer match rate of 46.24% of their contributions

In 2022, the total retirement plan asset growth rate of ALTIVIA 401(K) PLAN is 1.66%

In 2022, the estimated aggregate retirement account investment gain/loss for ALTIVIA 401(K) PLAN is -14.13%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ALTIVIA 401(K) PLAN is 0.34%.

Enrollment Features

ALTIVIA 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.