BAYER PROPERTIES, L.L.C. 401(K) PLAN

Overview

Plan Contact

  • Address: 2220 MAGNOLIA AVENUE SOUTH,,BIRMINGHAM,AL
  • Contact person: STEWART RICHARDS
  • Phone: (205) 939-3111

Plan General Information


At the end of 2022, the total retirement plan assets of BAYER PROPERTIES, L.L.C. 401(K) PLAN is $6,209,022.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in BAYER PROPERTIES, L.L.C. 401(K) PLAN is 125

In 2022, the average participant retirement account value for BAYER PROPERTIES, L.L.C. 401(K) PLAN is $49,672

In 2022, the estimated average employee contribution amount per participant for BAYER PROPERTIES, L.L.C. 401(K) PLAN is $5,184

In 2022, the estimated average employer match for an employee in BAYER PROPERTIES, L.L.C. 401(K) PLAN is approximately $1,676

In 2022, BAYER PROPERTIES, L.L.C. 401(K) PLAN allocates $209,543 to match its employees’ contributions, providing an employer match rate of 31.83% of their contributions

In 2022, the total retirement plan asset growth rate of BAYER PROPERTIES, L.L.C. 401(K) PLAN is -35.21%

In 2022, the estimated aggregate retirement account investment gain/loss for BAYER PROPERTIES, L.L.C. 401(K) PLAN is -16.98%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BAYER PROPERTIES, L.L.C. 401(K) PLAN is 0.89%.

Enrollment Features

BAYER PROPERTIES, L.L.C. 401(K) 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.