AIR METHODS CORPORATION 401(K) PLAN
Overview
Plan Contact
- Address: 5500 S QUEBEC ST,,GREENWOOD VILLAGE,CO
- Contact person: ZACH COSTLOW
- Phone: (303) 414-7608
Plan General Information
At the end of 2022, the total retirement plan assets of AIR METHODS CORPORATION 401(K) PLAN is $463,159,696.This plan was established in 1989.
At the end of 2022, the total number of retirement plan participants in AIR METHODS CORPORATION 401(K) PLAN is 6114
In 2022, the average participant retirement account value for AIR METHODS CORPORATION 401(K) PLAN is $75,753
In 2022, the estimated average employee contribution amount per participant for AIR METHODS CORPORATION 401(K) PLAN is $6,805
In 2022, the estimated average employer match for an employee in AIR METHODS CORPORATION 401(K) PLAN is approximately $2,959
In 2022, AIR METHODS CORPORATION 401(K) PLAN allocates $18,093,908 to match its employees’ contributions, providing an employer match rate of 45.48% of their contributions
In 2022, the total retirement plan asset growth rate of AIR METHODS CORPORATION 401(K) PLAN is -16.65%
In 2022, the estimated aggregate retirement account investment gain/loss for AIR METHODS CORPORATION 401(K) PLAN is -17.52%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of AIR METHODS CORPORATION 401(K) PLAN is 0.07%.
Enrollment Features
AIR METHODS CORPORATION 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.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.