ALABAMA ONE CREDIT UNION 401(K) PLAN
Overview
Plan Contact
- Address: 1215 VETERANS MEMORIAL PARKWAY,TUSCALOOSA,AL
- Contact person: TRACY BEAM
- Phone: (205) 759-1595
Plan General Information
At the end of 2022, the total retirement plan assets of ALABAMA ONE CREDIT UNION 401(K) PLAN is $10,715,986.This plan was established in 1998.
At the end of 2022, the total number of retirement plan participants in ALABAMA ONE CREDIT UNION 401(K) PLAN is 247
In 2022, the average participant retirement account value for ALABAMA ONE CREDIT UNION 401(K) PLAN is $43,384
In 2022, the estimated average employee contribution amount per participant for ALABAMA ONE CREDIT UNION 401(K) PLAN is $2,427
In 2022, the estimated average employer match for an employee in ALABAMA ONE CREDIT UNION 401(K) PLAN is approximately $3,925
In 2022, ALABAMA ONE CREDIT UNION 401(K) PLAN allocates $969,616 to match its employees’ contributions, providing an employer match rate of 172.92% of their contributions
In 2022, the total retirement plan asset growth rate of ALABAMA ONE CREDIT UNION 401(K) PLAN is -14.30%
In 2022, the estimated aggregate retirement account investment gain/loss for ALABAMA ONE CREDIT UNION 401(K) PLAN is -18.17%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ALABAMA ONE CREDIT UNION 401(K) PLAN is 0.28%.
Enrollment Features
ALABAMA ONE CREDIT UNION 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.