AMERICU EMPLOYEE RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of AMERICU EMPLOYEE RETIREMENT PLAN is $29,566,168.This plan was established in 1982.

At the end of 2022, the total number of retirement plan participants in AMERICU EMPLOYEE RETIREMENT PLAN is 445

In 2022, the average participant retirement account value for AMERICU EMPLOYEE RETIREMENT PLAN is $66,440

In 2022, the estimated average employee contribution amount per participant for AMERICU EMPLOYEE RETIREMENT PLAN is $4,637

In 2022, the estimated average employer match for an employee in AMERICU EMPLOYEE RETIREMENT PLAN is approximately $1,760

In 2022, AMERICU EMPLOYEE RETIREMENT PLAN allocates $783,509 to match its employees’ contributions, providing an employer match rate of 40.81% of their contributions

In 2022, the total retirement plan asset growth rate of AMERICU EMPLOYEE RETIREMENT PLAN is -15.91%

In 2022, the estimated aggregate retirement account investment gain/loss for AMERICU EMPLOYEE RETIREMENT PLAN is -15.37%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AMERICU EMPLOYEE RETIREMENT PLAN is 0.14%.

Enrollment Features

AMERICU EMPLOYEE RETIREMENT PLAN 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.