AVIS INDUSTRIAL CORPORATION 401(K) PLAN

At the end of 2022, the total retirement plan assets of AVIS INDUSTRIAL CORPORATION 401(K) PLAN is $35,718,399.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in AVIS INDUSTRIAL CORPORATION 401(K) PLAN is 537

In 2022, the average participant retirement account value for AVIS INDUSTRIAL CORPORATION 401(K) PLAN is $66,514

In 2022, the estimated average employee contribution amount per participant for AVIS INDUSTRIAL CORPORATION 401(K) PLAN is $4,959

In 2022, the estimated average employer match for an employee in AVIS INDUSTRIAL CORPORATION 401(K) PLAN is approximately $2,525

In 2022, AVIS INDUSTRIAL CORPORATION 401(K) PLAN allocates $1,355,943 to match its employees’ contributions, providing an employer match rate of 47.31% of their contributions

In 2022, the total retirement plan asset growth rate of AVIS INDUSTRIAL CORPORATION 401(K) PLAN is -5.93%

In 2022, the estimated aggregate retirement account investment gain/loss for AVIS INDUSTRIAL CORPORATION 401(K) PLAN is -14.85%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AVIS INDUSTRIAL CORPORATION 401(K) PLAN is 0.39%.

Enrollment Features

AVIS INDUSTRIAL CORPORATION 401(K) PLAN 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.