1A AUTO, INC. 401(K) PROFIT SHARING PLAN & TRUST
Overview
Plan Contact
- Address: 200 INNOVATIVE WAY,,NASHUA,NH
- Contact person: GAYLE LANG
- Phone: (978) 433-4193
Plan General Information
At the end of 2022, the total retirement plan assets of 1A AUTO, INC. 401(K) PROFIT SHARING PLAN & TRUST is $11,907,068.This plan was established in 2007.
At the end of 2022, the total number of retirement plan participants in 1A AUTO, INC. 401(K) PROFIT SHARING PLAN & TRUST is 478
In 2022, the average participant retirement account value for 1A AUTO, INC. 401(K) PROFIT SHARING PLAN & TRUST is $24,910
In 2022, the estimated average employee contribution amount per participant for 1A AUTO, INC. 401(K) PROFIT SHARING PLAN & TRUST is $2,938
In 2022, the estimated average employer match for an employee in 1A AUTO, INC. 401(K) PROFIT SHARING PLAN & TRUST is approximately $1,235
In 2022, 1A AUTO, INC. 401(K) PROFIT SHARING PLAN & TRUST allocates $590,661 to match its employees’ contributions, providing an employer match rate of 42.72% of their contributions
In 2022, the total retirement plan asset growth rate of 1A AUTO, INC. 401(K) PROFIT SHARING PLAN & TRUST is -7.44%
In 2022, the estimated aggregate retirement account investment gain/loss for 1A AUTO, INC. 401(K) PROFIT SHARING PLAN & TRUST is -16.74%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of 1A AUTO, INC. 401(K) PROFIT SHARING PLAN & TRUST is 0.49%.
Enrollment Features
1A AUTO, INC. 401(K) PROFIT SHARING PLAN & TRUST 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.