ALTMAN MANAGEMENT COMPANY, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 240 NEW YORK DRIVE,,FORT WASHINGTON,PA
  • Contact person: ROBERT BLUTH
  • Phone: (215) 884-0500

Plan General Information


At the end of 2021, the total retirement plan assets of ALTMAN MANAGEMENT COMPANY, INC. 401(K) PLAN is $11,697,874.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in ALTMAN MANAGEMENT COMPANY, INC. 401(K) PLAN is 382

In 2021, the average participant retirement account value for ALTMAN MANAGEMENT COMPANY, INC. 401(K) PLAN is $30,622

In 2021, the estimated average employee contribution amount per participant for ALTMAN MANAGEMENT COMPANY, INC. 401(K) PLAN is $1,424

In 2021, the estimated average employer match for an employee in ALTMAN MANAGEMENT COMPANY, INC. 401(K) PLAN is approximately $433

In 2021, ALTMAN MANAGEMENT COMPANY, INC. 401(K) PLAN allocates $165,461 to match its employees’ contributions, providing an employer match rate of 30.40% of their contributions

In 2021, the total retirement plan asset growth rate of ALTMAN MANAGEMENT COMPANY, INC. 401(K) PLAN is -2.69%

In 2021, the estimated aggregate retirement account investment gain/loss for ALTMAN MANAGEMENT COMPANY, INC. 401(K) PLAN is 11.95%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of ALTMAN MANAGEMENT COMPANY, INC. 401(K) PLAN is 0.01%.

Enrollment Features

ALTMAN MANAGEMENT COMPANY, 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.