AUDIOLOGY BENEFITS 401(K) PLAN I
Overview
Plan Contact
- Address: 580 HOWARD AVENUE,SOMERSET,NJ
- Contact person: DEANNA LAZOUSKAS-BAAMOND
- Phone: (732) 560-1220
Plan General Information
At the end of 2022, the total retirement plan assets of AUDIOLOGY BENEFITS 401(K) PLAN I is $146,379,701.This plan was established in 1979.
At the end of 2022, the total number of retirement plan participants in AUDIOLOGY BENEFITS 401(K) PLAN I is 3334
In 2022, the average participant retirement account value for AUDIOLOGY BENEFITS 401(K) PLAN I is $43,905
In 2022, the estimated average employee contribution amount per participant for AUDIOLOGY BENEFITS 401(K) PLAN I is $4,245
In 2022, the estimated average employer match for an employee in AUDIOLOGY BENEFITS 401(K) PLAN I is approximately $1,351
In 2022, AUDIOLOGY BENEFITS 401(K) PLAN I allocates $4,505,712 to match its employees’ contributions, providing an employer match rate of 32.92% of their contributions
In 2022, the total retirement plan asset growth rate of AUDIOLOGY BENEFITS 401(K) PLAN I is -15.18%
In 2022, the estimated aggregate retirement account investment gain/loss for AUDIOLOGY BENEFITS 401(K) PLAN I is -16.15%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of AUDIOLOGY BENEFITS 401(K) PLAN I is 0.13%.
Enrollment Features
AUDIOLOGY BENEFITS 401(K) PLAN I 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.