AMI, LLC 401(K) PLAN

Overview

Plan Contact

  • Address: 34 LOVETON CR,,SPARKS,MD
  • Contact person: LARA WALKER
  • Phone: (410) 825-2920

Plan General Information


At the end of 2022, the total retirement plan assets of AMI, LLC 401(K) PLAN is $14,889,608.This plan was established in 1969.

At the end of 2022, the total number of retirement plan participants in AMI, LLC 401(K) PLAN is 231

In 2022, the average participant retirement account value for AMI, LLC 401(K) PLAN is $64,457

In 2022, the estimated average employee contribution amount per participant for AMI, LLC 401(K) PLAN is $5,512

In 2022, the estimated average employer match for an employee in AMI, LLC 401(K) PLAN is approximately $4,034

In 2022, AMI, LLC 401(K) PLAN allocates $932,006 to match its employees’ contributions, providing an employer match rate of 72.87% of their contributions

In 2022, the total retirement plan asset growth rate of AMI, LLC 401(K) PLAN is -12.06%

In 2022, the estimated aggregate retirement account investment gain/loss for AMI, LLC 401(K) PLAN is -14.50%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AMI, LLC 401(K) PLAN is 0.13%.

Enrollment Features

AMI, LLC 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.