AUTOBAHN IMPORTS, INC. 401(K) SAVINGS AND RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of AUTOBAHN IMPORTS, INC. 401(K) SAVINGS AND RETIREMENT PLAN is $10,357,045.This plan was established in 1994.

At the end of 2022, the total number of retirement plan participants in AUTOBAHN IMPORTS, INC. 401(K) SAVINGS AND RETIREMENT PLAN is 312

In 2022, the average participant retirement account value for AUTOBAHN IMPORTS, INC. 401(K) SAVINGS AND RETIREMENT PLAN is $33,195

In 2022, the estimated average employee contribution amount per participant for AUTOBAHN IMPORTS, INC. 401(K) SAVINGS AND RETIREMENT PLAN is $2,990

In 2022, the estimated average employer match for an employee in AUTOBAHN IMPORTS, INC. 401(K) SAVINGS AND RETIREMENT PLAN is approximately $890

In 2022, AUTOBAHN IMPORTS, INC. 401(K) SAVINGS AND RETIREMENT PLAN allocates $277,823 to match its employees’ contributions, providing an employer match rate of 31.08% of their contributions

In 2022, the total retirement plan asset growth rate of AUTOBAHN IMPORTS, INC. 401(K) SAVINGS AND RETIREMENT PLAN is -14.86%

In 2022, the estimated aggregate retirement account investment gain/loss for AUTOBAHN IMPORTS, INC. 401(K) SAVINGS AND RETIREMENT PLAN is -16.95%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AUTOBAHN IMPORTS, INC. 401(K) SAVINGS AND RETIREMENT PLAN is 1.10%.

Enrollment Features

AUTOBAHN IMPORTS, INC. 401(K) SAVINGS AND RETIREMENT PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.