AMERICAN PANEL 401(K) PLAN
Overview
Plan Contact
- Address: 5800 SE 78TH STREET,OCALA,FL
- Contact person: CONSTANCE LARSEN
- Phone: (352) 245-7055
Plan General Information
At the end of 2021, the total retirement plan assets of AMERICAN PANEL 401(K) PLAN is $4,960,698.This plan was established in 2022.
At the end of 2021, the total number of retirement plan participants in AMERICAN PANEL 401(K) PLAN is 183
In 2021, the average participant retirement account value for AMERICAN PANEL 401(K) PLAN is $27,107
In 2021, the estimated average employee contribution amount per participant for AMERICAN PANEL 401(K) PLAN is $1,702
In 2021, the estimated average employer match for an employee in AMERICAN PANEL 401(K) PLAN is approximately $280
In 2021, AMERICAN PANEL 401(K) PLAN allocates $51,356 to match its employees’ contributions, providing an employer match rate of 16.48% of their contributions
In 2021, the total retirement plan asset growth rate of AMERICAN PANEL 401(K) PLAN is 5.47%
In 2021, the estimated aggregate retirement account investment gain/loss for AMERICAN PANEL 401(K) PLAN is 11.44%. This measures the effectiveness of the plan participants’ investments in the year.
In 2021, the investment and administrative expense ratio of AMERICAN PANEL 401(K) PLAN is 0.31%.
Enrollment Features
AMERICAN PANEL 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.