AUTONEUM NORTH AMERICA, INC. RETIREMENT AND SAVINGS PLAN

Overview

Plan Contact

  • Address: 29293 HAGGERTY RD.,NOVI,MI
  • Contact person: TORON STARKS
  • Phone: (248) 324-2217

Plan General Information


At the end of 2022, the total retirement plan assets of AUTONEUM NORTH AMERICA, INC. RETIREMENT AND SAVINGS PLAN is $67,907,882.This plan was established in 1985.

At the end of 2022, the total number of retirement plan participants in AUTONEUM NORTH AMERICA, INC. RETIREMENT AND SAVINGS PLAN is 1308

In 2022, the average participant retirement account value for AUTONEUM NORTH AMERICA, INC. RETIREMENT AND SAVINGS PLAN is $51,917

In 2022, the estimated average employee contribution amount per participant for AUTONEUM NORTH AMERICA, INC. RETIREMENT AND SAVINGS PLAN is $2,698

In 2022, the estimated average employer match for an employee in AUTONEUM NORTH AMERICA, INC. RETIREMENT AND SAVINGS PLAN is approximately $1,283

In 2022, AUTONEUM NORTH AMERICA, INC. RETIREMENT AND SAVINGS PLAN allocates $1,678,728 to match its employees’ contributions, providing an employer match rate of 47.86% of their contributions

In 2022, the total retirement plan asset growth rate of AUTONEUM NORTH AMERICA, INC. RETIREMENT AND SAVINGS PLAN is -21.81%

In 2022, the estimated aggregate retirement account investment gain/loss for AUTONEUM NORTH AMERICA, INC. RETIREMENT AND SAVINGS PLAN is -18.61%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AUTONEUM NORTH AMERICA, INC. RETIREMENT AND SAVINGS PLAN is 0.28%.

Enrollment Features

AUTONEUM NORTH AMERICA, INC. RETIREMENT AND SAVINGS 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.