AUTOKINITON UNION RETIREMENT SAVINGS PLAN
Overview
Plan Contact
- Address: 17757 WOODLAND DRIVE,NEW BOSTON,MI
- Contact person: HARMISH SHAH
- Phone: (734) 397-6300
Plan General Information
At the end of 2022, the total retirement plan assets of AUTOKINITON UNION RETIREMENT SAVINGS PLAN is $74,308,364.This plan was established in 2007.
At the end of 2022, the total number of retirement plan participants in AUTOKINITON UNION RETIREMENT SAVINGS PLAN is 1622
In 2022, the average participant retirement account value for AUTOKINITON UNION RETIREMENT SAVINGS PLAN is $45,812
In 2022, the estimated average employee contribution amount per participant for AUTOKINITON UNION RETIREMENT SAVINGS PLAN is $4,670
In 2022, the estimated average employer match for an employee in AUTOKINITON UNION RETIREMENT SAVINGS PLAN is approximately $1,150
In 2022, AUTOKINITON UNION RETIREMENT SAVINGS PLAN allocates $1,865,324 to match its employees’ contributions, providing an employer match rate of 49.24% of their contributions
In 2022, the total retirement plan asset growth rate of AUTOKINITON UNION RETIREMENT SAVINGS PLAN is -18.17%
In 2022, the estimated aggregate retirement account investment gain/loss for AUTOKINITON UNION RETIREMENT SAVINGS PLAN is -13.06%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of AUTOKINITON UNION RETIREMENT SAVINGS PLAN is 0.16%.
Enrollment Features
AUTOKINITON UNION RETIREMENT SAVINGS PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.