AVL NORTH AMERICA, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of AVL NORTH AMERICA, INC. 401(K) PLAN is $125,575,936.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in AVL NORTH AMERICA, INC. 401(K) PLAN is 1040

In 2022, the average participant retirement account value for AVL NORTH AMERICA, INC. 401(K) PLAN is $120,746

In 2022, the estimated average employee contribution amount per participant for AVL NORTH AMERICA, INC. 401(K) PLAN is $5,445

In 2022, the estimated average employer match for an employee in AVL NORTH AMERICA, INC. 401(K) PLAN is approximately $3,127

In 2022, AVL NORTH AMERICA, INC. 401(K) PLAN allocates $3,252,794 to match its employees’ contributions, providing an employer match rate of 57.22% of their contributions

In 2022, the total retirement plan asset growth rate of AVL NORTH AMERICA, INC. 401(K) PLAN is -13.38%

In 2022, the estimated aggregate retirement account investment gain/loss for AVL NORTH AMERICA, INC. 401(K) PLAN is -15.07%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AVL NORTH AMERICA, INC. 401(K) PLAN is 0.07%.

Enrollment Features

AVL NORTH AMERICA, INC. 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.