ASSOCIATED EQUIPMENT COMPANY, INC. PROFIT SHARING & 401K PLAN

At the end of 2022, the total retirement plan assets of ASSOCIATED EQUIPMENT COMPANY, INC. PROFIT SHARING & 401K PLAN is $31,319,052.This plan was established in 1974.

At the end of 2022, the total number of retirement plan participants in ASSOCIATED EQUIPMENT COMPANY, INC. PROFIT SHARING & 401K PLAN is 167

In 2022, the average participant retirement account value for ASSOCIATED EQUIPMENT COMPANY, INC. PROFIT SHARING & 401K PLAN is $187,539

In 2022, the estimated average employee contribution amount per participant for ASSOCIATED EQUIPMENT COMPANY, INC. PROFIT SHARING & 401K PLAN is $3,800

In 2022, the estimated average employer match for an employee in ASSOCIATED EQUIPMENT COMPANY, INC. PROFIT SHARING & 401K PLAN is approximately $2,917

In 2022, ASSOCIATED EQUIPMENT COMPANY, INC. PROFIT SHARING & 401K PLAN allocates $487,267 to match its employees’ contributions, providing an employer match rate of 76.77% of their contributions

In 2022, the total retirement plan asset growth rate of ASSOCIATED EQUIPMENT COMPANY, INC. PROFIT SHARING & 401K PLAN is -16.99%

In 2022, the estimated aggregate retirement account investment gain/loss for ASSOCIATED EQUIPMENT COMPANY, INC. PROFIT SHARING & 401K PLAN is -14.76%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ASSOCIATED EQUIPMENT COMPANY, INC. PROFIT SHARING & 401K PLAN is 0.35%.

Enrollment Features

ASSOCIATED EQUIPMENT COMPANY, INC. PROFIT SHARING & 401K 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.