AUMA ACTUATORS, INC. 401(K) & PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 100 SOUTHPOINTE BLVD,CANONSBURG,PA
  • Contact person: JAMIE CIESIELSKI
  • Phone: (724) 743-2862

Plan General Information


At the end of 2021, the total retirement plan assets of AUMA ACTUATORS, INC. 401(K) & PROFIT SHARING PLAN is $12,733,301.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in AUMA ACTUATORS, INC. 401(K) & PROFIT SHARING PLAN is 133

In 2021, the average participant retirement account value for AUMA ACTUATORS, INC. 401(K) & PROFIT SHARING PLAN is $95,739

In 2021, the estimated average employee contribution amount per participant for AUMA ACTUATORS, INC. 401(K) & PROFIT SHARING PLAN is $4,947

In 2021, the estimated average employer match for an employee in AUMA ACTUATORS, INC. 401(K) & PROFIT SHARING PLAN is approximately $1,314

In 2021, AUMA ACTUATORS, INC. 401(K) & PROFIT SHARING PLAN allocates $174,832 to match its employees’ contributions, providing an employer match rate of 26.57% of their contributions

In 2021, the total retirement plan asset growth rate of AUMA ACTUATORS, INC. 401(K) & PROFIT SHARING PLAN is 7.91%

In 2021, the estimated aggregate retirement account investment gain/loss for AUMA ACTUATORS, INC. 401(K) & PROFIT SHARING PLAN is 14.77%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of AUMA ACTUATORS, INC. 401(K) & PROFIT SHARING PLAN is 0.37%.

Enrollment Features

AUMA ACTUATORS, INC. 401(K) & PROFIT SHARING 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.