AMERICAN INCORPORATED 401(K) PLAN

At the end of 2022, the total retirement plan assets of AMERICAN INCORPORATED 401(K) PLAN is $25,166,196.This plan was established in 2002.

At the end of 2022, the total number of retirement plan participants in AMERICAN INCORPORATED 401(K) PLAN is 503

In 2022, the average participant retirement account value for AMERICAN INCORPORATED 401(K) PLAN is $50,032

In 2022, the estimated average employee contribution amount per participant for AMERICAN INCORPORATED 401(K) PLAN is $1,190

In 2022, the estimated average employer match for an employee in AMERICAN INCORPORATED 401(K) PLAN is approximately $5,031

In 2022, AMERICAN INCORPORATED 401(K) PLAN allocates $2,530,929 to match its employees’ contributions, providing an employer match rate of 400.32% of their contributions

In 2022, the total retirement plan asset growth rate of AMERICAN INCORPORATED 401(K) PLAN is -7.00%

In 2022, the estimated aggregate retirement account investment gain/loss for AMERICAN INCORPORATED 401(K) PLAN is -10.03%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AMERICAN INCORPORATED 401(K) PLAN is 0.39%.

Enrollment Features

AMERICAN INCORPORATED 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.