AMTECH SYSTEMS, INC. 401(K) PLAN
Overview
Plan Contact
- Address: 131 S CLARK DR,TEMPE,AZ
- Contact person: LISA GIBBS
- Phone: (480) 967-5146
Plan General Information
At the end of 2022, the total retirement plan assets of AMTECH SYSTEMS, INC. 401(K) PLAN is $28,020,861.This plan was established in 1988.
At the end of 2022, the total number of retirement plan participants in AMTECH SYSTEMS, INC. 401(K) PLAN is 216
In 2022, the average participant retirement account value for AMTECH SYSTEMS, INC. 401(K) PLAN is $129,726
In 2022, the estimated average employee contribution amount per participant for AMTECH SYSTEMS, INC. 401(K) PLAN is $5,503
In 2022, the estimated average employer match for an employee in AMTECH SYSTEMS, INC. 401(K) PLAN is approximately $1,831
In 2022, AMTECH SYSTEMS, INC. 401(K) PLAN allocates $395,514 to match its employees’ contributions, providing an employer match rate of 33.98% of their contributions
In 2022, the total retirement plan asset growth rate of AMTECH SYSTEMS, INC. 401(K) PLAN is -23.05%
In 2022, the estimated aggregate retirement account investment gain/loss for AMTECH SYSTEMS, INC. 401(K) PLAN is -20.11%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of AMTECH SYSTEMS, INC. 401(K) PLAN is 0.22%.
Enrollment Features
AMTECH SYSTEMS, 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.