AMS 401(K) PLAN

At the end of 2022, the total retirement plan assets of AMS 401(K) PLAN is $24,868,211.This plan was established in 2007.

At the end of 2022, the total number of retirement plan participants in AMS 401(K) PLAN is 415

In 2022, the average participant retirement account value for AMS 401(K) PLAN is $59,923

In 2022, the estimated average employee contribution amount per participant for AMS 401(K) PLAN is $2,561

In 2022, the estimated average employer match for an employee in AMS 401(K) PLAN is approximately $1,417

In 2022, AMS 401(K) PLAN allocates $588,288 to match its employees’ contributions, providing an employer match rate of 38.54% of their contributions

In 2022, the total retirement plan asset growth rate of AMS 401(K) PLAN is -14.04%

In 2022, the estimated aggregate retirement account investment gain/loss for AMS 401(K) PLAN is -16.30%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AMS 401(K) PLAN is 0.43%.

Enrollment Features

AMS 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.