APPLE BANK FOR SAVINGS 401(K) PLAN

At the end of 2022, the total retirement plan assets of APPLE BANK FOR SAVINGS 401(K) PLAN is $116,876,036.This plan was established in 1973.

At the end of 2022, the total number of retirement plan participants in APPLE BANK FOR SAVINGS 401(K) PLAN is 1638

In 2022, the average participant retirement account value for APPLE BANK FOR SAVINGS 401(K) PLAN is $71,352

In 2022, the estimated average employee contribution amount per participant for APPLE BANK FOR SAVINGS 401(K) PLAN is $5,938

In 2022, the estimated average employer match for an employee in APPLE BANK FOR SAVINGS 401(K) PLAN is approximately $2,637

In 2022, APPLE BANK FOR SAVINGS 401(K) PLAN allocates $4,320,553 to match its employees’ contributions, providing an employer match rate of 46.87% of their contributions

In 2022, the total retirement plan asset growth rate of APPLE BANK FOR SAVINGS 401(K) PLAN is -10.74%

In 2022, the estimated aggregate retirement account investment gain/loss for APPLE BANK FOR SAVINGS 401(K) PLAN is -13.51%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of APPLE BANK FOR SAVINGS 401(K) PLAN is 0.15%.

Enrollment Features

APPLE BANK FOR SAVINGS 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.