AMERICAN ASSETS TRUST LP 401(K) PROFIT SHARING PLAN & TRUST

Overview

Plan Contact

  • Address: 3420 CARMEL MOUNTAIN RD,,SAN DIEGO,CA
  • Contact person: SHIRLEY HORNER
  • Phone: (858) 350-2651

Plan General Information


At the end of 2022, the total retirement plan assets of AMERICAN ASSETS TRUST LP 401(K) PROFIT SHARING PLAN & TRUST is $17,613,889.This plan was established in 2000.

At the end of 2022, the total number of retirement plan participants in AMERICAN ASSETS TRUST LP 401(K) PROFIT SHARING PLAN & TRUST is 303

In 2022, the average participant retirement account value for AMERICAN ASSETS TRUST LP 401(K) PROFIT SHARING PLAN & TRUST is $58,131

In 2022, the estimated average employee contribution amount per participant for AMERICAN ASSETS TRUST LP 401(K) PROFIT SHARING PLAN & TRUST is $5,432

In 2022, the estimated average employer match for an employee in AMERICAN ASSETS TRUST LP 401(K) PROFIT SHARING PLAN & TRUST is approximately $4,404

In 2022, AMERICAN ASSETS TRUST LP 401(K) PROFIT SHARING PLAN & TRUST allocates $1,334,565 to match its employees’ contributions, providing an employer match rate of 95.21% of their contributions

In 2022, the total retirement plan asset growth rate of AMERICAN ASSETS TRUST LP 401(K) PROFIT SHARING PLAN & TRUST is -8.60%

In 2022, the estimated aggregate retirement account investment gain/loss for AMERICAN ASSETS TRUST LP 401(K) PROFIT SHARING PLAN & TRUST is -15.85%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AMERICAN ASSETS TRUST LP 401(K) PROFIT SHARING PLAN & TRUST is 0.52%.

Enrollment Features

AMERICAN ASSETS TRUST LP 401(K) PROFIT SHARING PLAN & TRUST 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.