APT MANUFACTURING SOLUTIONS 401(K) PLAN

At the end of 2022, the total retirement plan assets of APT MANUFACTURING SOLUTIONS 401(K) PLAN is $5,884,014.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in APT MANUFACTURING SOLUTIONS 401(K) PLAN is 101

In 2022, the average participant retirement account value for APT MANUFACTURING SOLUTIONS 401(K) PLAN is $58,257

In 2022, the estimated average employee contribution amount per participant for APT MANUFACTURING SOLUTIONS 401(K) PLAN is $4,234

In 2022, the estimated average employer match for an employee in APT MANUFACTURING SOLUTIONS 401(K) PLAN is approximately $1,526

In 2022, APT MANUFACTURING SOLUTIONS 401(K) PLAN allocates $154,213 to match its employees’ contributions, providing an employer match rate of 36.06% of their contributions

In 2022, the total retirement plan asset growth rate of APT MANUFACTURING SOLUTIONS 401(K) PLAN is -12.66%

In 2022, the estimated aggregate retirement account investment gain/loss for APT MANUFACTURING SOLUTIONS 401(K) PLAN is -16.34%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of APT MANUFACTURING SOLUTIONS 401(K) PLAN is 0.74%.

Enrollment Features

APT MANUFACTURING SOLUTIONS 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.