AMENTUM 401(K) RETIREMENT PLAN

Overview

Plan Contact

  • Address: 4800 WESTFIELDS BLVD,,CHANTILLY,VA
  • Contact person: KIMBERLY YOUNG
  • Phone: (301) 944-3100

Plan General Information


At the end of 2022, the total retirement plan assets of AMENTUM 401(K) RETIREMENT PLAN is $1,849,976,784.This plan was established in 2011.

At the end of 2022, the total number of retirement plan participants in AMENTUM 401(K) RETIREMENT PLAN is 21016

In 2022, the average participant retirement account value for AMENTUM 401(K) RETIREMENT PLAN is $88,027

In 2022, the estimated average employee contribution amount per participant for AMENTUM 401(K) RETIREMENT PLAN is $5,667

In 2022, the estimated average employer match for an employee in AMENTUM 401(K) RETIREMENT PLAN is approximately $2,948

In 2022, AMENTUM 401(K) RETIREMENT PLAN allocates $61,970,911 to match its employees’ contributions, providing an employer match rate of 51.13% of their contributions

In 2022, the total retirement plan asset growth rate of AMENTUM 401(K) RETIREMENT PLAN is 13.14%

In 2022, the estimated aggregate retirement account investment gain/loss for AMENTUM 401(K) RETIREMENT PLAN is 16.36%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AMENTUM 401(K) RETIREMENT PLAN is 0.05%.

Enrollment Features

AMENTUM 401(K) RETIREMENT 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.
    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.