ANCHOR GENERAL INSURANCE GROUP 401(K) PLAN
Overview
Plan Contact
- Address: 10256 MEANLEY DR,SAN DIEGO,CA
- Contact person: ANGIE VAN CLEAF
- Phone: (858) 527-3503
Plan General Information
At the end of 2022, the total retirement plan assets of ANCHOR GENERAL INSURANCE GROUP 401(K) PLAN is $18,278,947.This plan was established in 1997.
At the end of 2022, the total number of retirement plan participants in ANCHOR GENERAL INSURANCE GROUP 401(K) PLAN is 227
In 2022, the average participant retirement account value for ANCHOR GENERAL INSURANCE GROUP 401(K) PLAN is $80,523
In 2022, the estimated average employee contribution amount per participant for ANCHOR GENERAL INSURANCE GROUP 401(K) PLAN is $4,595
In 2022, the estimated average employer match for an employee in ANCHOR GENERAL INSURANCE GROUP 401(K) PLAN is approximately $1,338
In 2022, ANCHOR GENERAL INSURANCE GROUP 401(K) PLAN allocates $303,769 to match its employees’ contributions, providing an employer match rate of 28.49% of their contributions
In 2022, the total retirement plan asset growth rate of ANCHOR GENERAL INSURANCE GROUP 401(K) PLAN is -15.47%
In 2022, the estimated aggregate retirement account investment gain/loss for ANCHOR GENERAL INSURANCE GROUP 401(K) PLAN is -16.29%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ANCHOR GENERAL INSURANCE GROUP 401(K) PLAN is 0.02%.
Enrollment Features
ANCHOR GENERAL INSURANCE GROUP 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.