AZ PARTSMASTER 401(K) PROFIT SHARING RETIREMENT PLAN

At the end of 2021, the total retirement plan assets of AZ PARTSMASTER 401(K) PROFIT SHARING RETIREMENT PLAN is $7,826,709.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in AZ PARTSMASTER 401(K) PROFIT SHARING RETIREMENT PLAN is 189

In 2021, the average participant retirement account value for AZ PARTSMASTER 401(K) PROFIT SHARING RETIREMENT PLAN is $41,411

In 2021, the estimated average employee contribution amount per participant for AZ PARTSMASTER 401(K) PROFIT SHARING RETIREMENT PLAN is $3,632

In 2021, the estimated average employer match for an employee in AZ PARTSMASTER 401(K) PROFIT SHARING RETIREMENT PLAN is approximately $1,150

In 2021, AZ PARTSMASTER 401(K) PROFIT SHARING RETIREMENT PLAN allocates $217,405 to match its employees’ contributions, providing an employer match rate of 31.66% of their contributions

In 2021, the total retirement plan asset growth rate of AZ PARTSMASTER 401(K) PROFIT SHARING RETIREMENT PLAN is 22.97%

In 2021, the estimated aggregate retirement account investment gain/loss for AZ PARTSMASTER 401(K) PROFIT SHARING RETIREMENT PLAN is 12.53%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of AZ PARTSMASTER 401(K) PROFIT SHARING RETIREMENT PLAN is 0.65%.

Enrollment Features

AZ PARTSMASTER 401(K) PROFIT SHARING RETIREMENT 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.