KAHN VENTURES, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 685 HARTMAN ROAD,AUSTELL,GA
  • Contact person: THEODORE ZITELLI
  • Phone: (404) 572-4100

Plan General Information


At the end of 2022, the total retirement plan assets of KAHN VENTURES, INC. 401(K) PLAN is $109,139,510.This plan was established in 1968.

At the end of 2022, the total number of retirement plan participants in KAHN VENTURES, INC. 401(K) PLAN is 2005

In 2022, the average participant retirement account value for KAHN VENTURES, INC. 401(K) PLAN is $54,433

In 2022, the estimated average employee contribution amount per participant for KAHN VENTURES, INC. 401(K) PLAN is $3,673

In 2022, the estimated average employer match for an employee in KAHN VENTURES, INC. 401(K) PLAN is approximately $2,973

In 2022, KAHN VENTURES, INC. 401(K) PLAN allocates $5,962,199 to match its employees’ contributions, providing an employer match rate of 83.00% of their contributions

In 2022, the total retirement plan asset growth rate of KAHN VENTURES, INC. 401(K) PLAN is -14.75%

In 2022, the estimated aggregate retirement account investment gain/loss for KAHN VENTURES, INC. 401(K) PLAN is -17.31%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of KAHN VENTURES, INC. 401(K) PLAN is 0.22%.

Enrollment Features

KAHN VENTURES, INC. 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.