AVIXA SAVINGS & SALARY PLAN

At the end of 2022, the total retirement plan assets of AVIXA SAVINGS & SALARY PLAN is $16,346,987.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in AVIXA SAVINGS & SALARY PLAN is 150

In 2022, the average participant retirement account value for AVIXA SAVINGS & SALARY PLAN is $108,979

In 2022, the estimated average employee contribution amount per participant for AVIXA SAVINGS & SALARY PLAN is $6,926

In 2022, the estimated average employer match for an employee in AVIXA SAVINGS & SALARY PLAN is approximately $2,709

In 2022, AVIXA SAVINGS & SALARY PLAN allocates $406,485 to match its employees’ contributions, providing an employer match rate of 39.12% of their contributions

In 2022, the total retirement plan asset growth rate of AVIXA SAVINGS & SALARY PLAN is -11.67%

In 2022, the estimated aggregate retirement account investment gain/loss for AVIXA SAVINGS & SALARY PLAN is -16.23%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AVIXA SAVINGS & SALARY PLAN is 0.35%.

Enrollment Features

AVIXA SAVINGS & SALARY 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.