AMOREPACIFIC US, INC. 401(K) PLAN
Overview
Plan Contact
- Address: 1407 BROADWAY SUITE 210,NEW YORK,NY
- Contact person: GAYOUNG YOON
- Phone: (646) 787-5199
Plan General Information
At the end of 2022, the total retirement plan assets of AMOREPACIFIC US, INC. 401(K) PLAN is $3,316,530.This plan was established in 2013.
At the end of 2022, the total number of retirement plan participants in AMOREPACIFIC US, INC. 401(K) PLAN is 159
In 2022, the average participant retirement account value for AMOREPACIFIC US, INC. 401(K) PLAN is $20,858
In 2022, the estimated average employee contribution amount per participant for AMOREPACIFIC US, INC. 401(K) PLAN is $3,185
In 2022, the estimated average employer match for an employee in AMOREPACIFIC US, INC. 401(K) PLAN is approximately $1,975
In 2022, AMOREPACIFIC US, INC. 401(K) PLAN allocates $314,152 to match its employees’ contributions, providing an employer match rate of 58.54% of their contributions
In 2022, the total retirement plan asset growth rate of AMOREPACIFIC US, INC. 401(K) PLAN is 1.37%
In 2022, the estimated aggregate retirement account investment gain/loss for AMOREPACIFIC US, INC. 401(K) PLAN is -16.01%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of AMOREPACIFIC US, INC. 401(K) PLAN is 0.49%.
Enrollment Features
AMOREPACIFIC US, INC. 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.