IAA 401(K) PLAN

At the end of 2022, the total retirement plan assets of IAA 401(K) PLAN is $126,665,573.This plan was established in 2019.

At the end of 2022, the total number of retirement plan participants in IAA 401(K) PLAN is 3794

In 2022, the average participant retirement account value for IAA 401(K) PLAN is $33,385

In 2022, the estimated average employee contribution amount per participant for IAA 401(K) PLAN is $2,917

In 2022, the estimated average employer match for an employee in IAA 401(K) PLAN is approximately $1,501

In 2022, IAA 401(K) PLAN allocates $5,694,985 to match its employees’ contributions, providing an employer match rate of 54.60% of their contributions

In 2022, the total retirement plan asset growth rate of IAA 401(K) PLAN is -14.84%

In 2022, the estimated aggregate retirement account investment gain/loss for IAA 401(K) PLAN is -17.50%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of IAA 401(K) PLAN is 0.10%.

Enrollment Features

IAA 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.