APT 401(K) PLAN

Overview

Plan Contact

  • Address: 802 CROMWELL PARK DRIVE, SUITE T,GLEN BURNIE,MD
  • Phone: (410) 559-9686

Plan General Information


At the end of 2022, the total retirement plan assets of APT 401(K) PLAN is $7,585,510.This plan was established in 2009.

At the end of 2022, the total number of retirement plan participants in APT 401(K) PLAN is 598

In 2022, the average participant retirement account value for APT 401(K) PLAN is $12,684

In 2022, the estimated average employee contribution amount per participant for APT 401(K) PLAN is $2,207

In 2022, the estimated average employer match for an employee in APT 401(K) PLAN is approximately $513

In 2022, APT 401(K) PLAN allocates $306,783 to match its employees’ contributions, providing an employer match rate of 26.24% of their contributions

In 2022, the total retirement plan asset growth rate of APT 401(K) PLAN is -0.82%

In 2022, the estimated aggregate retirement account investment gain/loss for APT 401(K) PLAN is -15.96%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of APT 401(K) PLAN is 0.64%.

Enrollment Features

APT 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.