AZELIS AMERICAS, LLC 401(K) RETIREMENT PLAN

Overview

Plan Contact

  • Address: 100 LEOMINSTER ROAD,STERLING,MA
  • Contact person: LAURA BRUMIT
  • Phone: (203) 399-0186

Plan General Information


At the end of 2022, the total retirement plan assets of AZELIS AMERICAS, LLC 401(K) RETIREMENT PLAN is $62,716,320.This plan was established in 2008.

At the end of 2022, the total number of retirement plan participants in AZELIS AMERICAS, LLC 401(K) RETIREMENT PLAN is 576

In 2022, the average participant retirement account value for AZELIS AMERICAS, LLC 401(K) RETIREMENT PLAN is $108,882

In 2022, the estimated average employee contribution amount per participant for AZELIS AMERICAS, LLC 401(K) RETIREMENT PLAN is $8,588

In 2022, the estimated average employer match for an employee in AZELIS AMERICAS, LLC 401(K) RETIREMENT PLAN is approximately $3,303

In 2022, AZELIS AMERICAS, LLC 401(K) RETIREMENT PLAN allocates $1,902,785 to match its employees’ contributions, providing an employer match rate of 40.65% of their contributions

In 2022, the total retirement plan asset growth rate of AZELIS AMERICAS, LLC 401(K) RETIREMENT PLAN is -18.14%

In 2022, the estimated aggregate retirement account investment gain/loss for AZELIS AMERICAS, LLC 401(K) RETIREMENT PLAN is -17.53%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AZELIS AMERICAS, LLC 401(K) RETIREMENT PLAN is 0.02%.

Enrollment Features

AZELIS AMERICAS, LLC 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.