AVERY BREWING COMPANY 401(K) PROFIT SHARING PLAN AND TRUST

At the end of 2021, the total retirement plan assets of AVERY BREWING COMPANY 401(K) PROFIT SHARING PLAN AND TRUST is $7,102,659.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in AVERY BREWING COMPANY 401(K) PROFIT SHARING PLAN AND TRUST is 197

In 2021, the average participant retirement account value for AVERY BREWING COMPANY 401(K) PROFIT SHARING PLAN AND TRUST is $36,054

In 2021, the estimated average employee contribution amount per participant for AVERY BREWING COMPANY 401(K) PROFIT SHARING PLAN AND TRUST is $1,845

In 2021, the estimated average employer match for an employee in AVERY BREWING COMPANY 401(K) PROFIT SHARING PLAN AND TRUST is approximately $889

In 2021, AVERY BREWING COMPANY 401(K) PROFIT SHARING PLAN AND TRUST allocates $175,290 to match its employees’ contributions, providing an employer match rate of 48.22% of their contributions

In 2021, the total retirement plan asset growth rate of AVERY BREWING COMPANY 401(K) PROFIT SHARING PLAN AND TRUST is 21.97%

In 2021, the estimated aggregate retirement account investment gain/loss for AVERY BREWING COMPANY 401(K) PROFIT SHARING PLAN AND TRUST is 15.62%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of AVERY BREWING COMPANY 401(K) PROFIT SHARING PLAN AND TRUST is 0.02%.

Enrollment Features

AVERY BREWING COMPANY 401(K) PROFIT SHARING PLAN AND TRUST has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.