ALTMAN COMPANIES 401K PLAN

Overview

Plan Contact

  • Address: 1515 SOUTH FEDERAL HIGHWAY,,BOCA RATON,FL
  • Contact person: SULAY NUNEZ
  • Phone: (561) 237-1333

Plan General Information


At the end of 2022, the total retirement plan assets of ALTMAN COMPANIES 401K PLAN is $10,111,891.This plan was established in 1998.

At the end of 2022, the total number of retirement plan participants in ALTMAN COMPANIES 401K PLAN is 302

In 2022, the average participant retirement account value for ALTMAN COMPANIES 401K PLAN is $33,483

In 2022, the estimated average employee contribution amount per participant for ALTMAN COMPANIES 401K PLAN is $3,257

In 2022, the estimated average employer match for an employee in ALTMAN COMPANIES 401K PLAN is approximately $315

In 2022, ALTMAN COMPANIES 401K PLAN allocates $95,312 to match its employees’ contributions, providing an employer match rate of 9.72% of their contributions

In 2022, the total retirement plan asset growth rate of ALTMAN COMPANIES 401K PLAN is -12.22%

In 2022, the estimated aggregate retirement account investment gain/loss for ALTMAN COMPANIES 401K PLAN is -16.26%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ALTMAN COMPANIES 401K PLAN is 0.59%.

Enrollment Features

ALTMAN COMPANIES 401K 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.