ALVIN J. WOLFF PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of ALVIN J. WOLFF PROFIT SHARING PLAN is $17,016,697.This plan was established in 1989.

At the end of 2022, the total number of retirement plan participants in ALVIN J. WOLFF PROFIT SHARING PLAN is 407

In 2022, the average participant retirement account value for ALVIN J. WOLFF PROFIT SHARING PLAN is $41,810

In 2022, the estimated average employee contribution amount per participant for ALVIN J. WOLFF PROFIT SHARING PLAN is $5,278

In 2022, the estimated average employer match for an employee in ALVIN J. WOLFF PROFIT SHARING PLAN is approximately $2,611

In 2022, ALVIN J. WOLFF PROFIT SHARING PLAN allocates $1,063,031 to match its employees’ contributions, providing an employer match rate of 53.78% of their contributions

In 2022, the total retirement plan asset growth rate of ALVIN J. WOLFF PROFIT SHARING PLAN is -8.06%

In 2022, the estimated aggregate retirement account investment gain/loss for ALVIN J. WOLFF PROFIT SHARING PLAN is -17.19%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ALVIN J. WOLFF PROFIT SHARING PLAN is 0.47%.

Enrollment Features

ALVIN J. WOLFF PROFIT SHARING 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.