AMIGO MOBILITY INTERNATIONAL, INC. 401(K) PLAN
Overview
Plan Contact
- Address: 6693 DIXIE HIGHWAY,BRIDGEPORT,MI
- Contact person: MICHAEL GALER
- Phone: (989) 777-0910
Plan General Information
At the end of 2022, the total retirement plan assets of AMIGO MOBILITY INTERNATIONAL, INC. 401(K) PLAN is $5,807,453.This plan was established in 1978.
At the end of 2022, the total number of retirement plan participants in AMIGO MOBILITY INTERNATIONAL, INC. 401(K) PLAN is 122
In 2022, the average participant retirement account value for AMIGO MOBILITY INTERNATIONAL, INC. 401(K) PLAN is $47,602
In 2022, the estimated average employee contribution amount per participant for AMIGO MOBILITY INTERNATIONAL, INC. 401(K) PLAN is $4,147
In 2022, the estimated average employer match for an employee in AMIGO MOBILITY INTERNATIONAL, INC. 401(K) PLAN is approximately $1,816
In 2022, AMIGO MOBILITY INTERNATIONAL, INC. 401(K) PLAN allocates $221,669 to match its employees’ contributions, providing an employer match rate of 43.45% of their contributions
In 2022, the total retirement plan asset growth rate of AMIGO MOBILITY INTERNATIONAL, INC. 401(K) PLAN is -12.97%
In 2022, the estimated aggregate retirement account investment gain/loss for AMIGO MOBILITY INTERNATIONAL, INC. 401(K) PLAN is -16.61%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of AMIGO MOBILITY INTERNATIONAL, INC. 401(K) PLAN is 0.73%.
Enrollment Features
AMIGO MOBILITY INTERNATIONAL, INC. 401(K) 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.