ASSOCIATION OF EQUIPMENT MANUFACTURERS 401(K) PLAN-A

At the end of 2022, the total retirement plan assets of ASSOCIATION OF EQUIPMENT MANUFACTURERS 401(K) PLAN-A is $10,956,206.This plan was established in 2002.

At the end of 2022, the total number of retirement plan participants in ASSOCIATION OF EQUIPMENT MANUFACTURERS 401(K) PLAN-A is 119

In 2022, the average participant retirement account value for ASSOCIATION OF EQUIPMENT MANUFACTURERS 401(K) PLAN-A is $92,068

In 2022, the estimated average employee contribution amount per participant for ASSOCIATION OF EQUIPMENT MANUFACTURERS 401(K) PLAN-A is $8,532

In 2022, the estimated average employer match for an employee in ASSOCIATION OF EQUIPMENT MANUFACTURERS 401(K) PLAN-A is approximately $4,232

In 2022, ASSOCIATION OF EQUIPMENT MANUFACTURERS 401(K) PLAN-A allocates $503,697 to match its employees’ contributions, providing an employer match rate of 48.99% of their contributions

In 2022, the total retirement plan asset growth rate of ASSOCIATION OF EQUIPMENT MANUFACTURERS 401(K) PLAN-A is -15.13%

In 2022, the estimated aggregate retirement account investment gain/loss for ASSOCIATION OF EQUIPMENT MANUFACTURERS 401(K) PLAN-A is -16.22%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ASSOCIATION OF EQUIPMENT MANUFACTURERS 401(K) PLAN-A is -0.10%.

Enrollment Features

ASSOCIATION OF EQUIPMENT MANUFACTURERS 401(K) PLAN-A 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.