AVL TECHNOLOGIES 401(K) RETIREMENT PLAN

Overview

Plan Contact

  • Address: 15 NORTH MERRIMON AVENUE,ASHEVILLE,NC
  • Contact person: JANET SWEET
  • Phone: (828) 250-9950

Plan General Information


At the end of 2022, the total retirement plan assets of AVL TECHNOLOGIES 401(K) RETIREMENT PLAN is $22,901,202.This plan was established in 2005.

At the end of 2022, the total number of retirement plan participants in AVL TECHNOLOGIES 401(K) RETIREMENT PLAN is 268

In 2022, the average participant retirement account value for AVL TECHNOLOGIES 401(K) RETIREMENT PLAN is $85,452

In 2022, the estimated average employee contribution amount per participant for AVL TECHNOLOGIES 401(K) RETIREMENT PLAN is $3,783

In 2022, the estimated average employer match for an employee in AVL TECHNOLOGIES 401(K) RETIREMENT PLAN is approximately $1,821

In 2022, AVL TECHNOLOGIES 401(K) RETIREMENT PLAN allocates $488,172 to match its employees’ contributions, providing an employer match rate of 47.09% of their contributions

In 2022, the total retirement plan asset growth rate of AVL TECHNOLOGIES 401(K) RETIREMENT PLAN is -23.51%

In 2022, the estimated aggregate retirement account investment gain/loss for AVL TECHNOLOGIES 401(K) RETIREMENT PLAN is -17.02%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AVL TECHNOLOGIES 401(K) RETIREMENT PLAN is 0.30%.

Enrollment Features

AVL TECHNOLOGIES 401(K) RETIREMENT 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.