AVADIAN CREDIT UNION 401(K) PLAN

Overview

Plan Contact

  • Address: P.O. BOX 360287,BIRMINGHAM,AL
  • Phone: (205) 985-2828

Plan General Information


At the end of 2022, the total retirement plan assets of AVADIAN CREDIT UNION 401(K) PLAN is $17,666,872.This plan was established in 1976.

At the end of 2022, the total number of retirement plan participants in AVADIAN CREDIT UNION 401(K) PLAN is 309

In 2022, the average participant retirement account value for AVADIAN CREDIT UNION 401(K) PLAN is $57,174

In 2022, the estimated average employee contribution amount per participant for AVADIAN CREDIT UNION 401(K) PLAN is $3,375

In 2022, the estimated average employer match for an employee in AVADIAN CREDIT UNION 401(K) PLAN is approximately $2,227

In 2022, AVADIAN CREDIT UNION 401(K) PLAN allocates $688,157 to match its employees’ contributions, providing an employer match rate of 67.62% of their contributions

In 2022, the total retirement plan asset growth rate of AVADIAN CREDIT UNION 401(K) PLAN is -20.04%

In 2022, the estimated aggregate retirement account investment gain/loss for AVADIAN CREDIT UNION 401(K) PLAN is -15.86%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AVADIAN CREDIT UNION 401(K) PLAN is 0.47%.

Enrollment Features

AVADIAN CREDIT UNION 401(K) 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.