ATW COMPANIES 401(K) PLAN

Overview

Plan Contact

  • Address: 55 SERVICE AVENUE,WARWICK,RI
  • Contact person: CARYN MITCHELL
  • Phone: (401) 244-1002

Plan General Information


At the end of 2022, the total retirement plan assets of ATW COMPANIES 401(K) PLAN is $17,808,921.This plan was established in 1967.

At the end of 2022, the total number of retirement plan participants in ATW COMPANIES 401(K) PLAN is 312

In 2022, the average participant retirement account value for ATW COMPANIES 401(K) PLAN is $57,079

In 2022, the estimated average employee contribution amount per participant for ATW COMPANIES 401(K) PLAN is $3,253

In 2022, the estimated average employer match for an employee in ATW COMPANIES 401(K) PLAN is approximately $1,179

In 2022, ATW COMPANIES 401(K) PLAN allocates $368,016 to match its employees’ contributions, providing an employer match rate of 35.13% of their contributions

In 2022, the total retirement plan asset growth rate of ATW COMPANIES 401(K) PLAN is -18.51%

In 2022, the estimated aggregate retirement account investment gain/loss for ATW COMPANIES 401(K) PLAN is -16.42%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ATW COMPANIES 401(K) PLAN is 0.43%.

Enrollment Features

ATW COMPANIES 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.