AMERICAN RED CROSS SAVINGS PLAN

At the end of 2022, the total retirement plan assets of AMERICAN RED CROSS SAVINGS PLAN is $1,310,137,438.This plan was established in 2000.

At the end of 2022, the total number of retirement plan participants in AMERICAN RED CROSS SAVINGS PLAN is 23914

In 2022, the average participant retirement account value for AMERICAN RED CROSS SAVINGS PLAN is $54,785

In 2022, the estimated average employee contribution amount per participant for AMERICAN RED CROSS SAVINGS PLAN is $3,261

In 2022, the estimated average employer match for an employee in AMERICAN RED CROSS SAVINGS PLAN is approximately $1,552

In 2022, AMERICAN RED CROSS SAVINGS PLAN allocates $37,136,249 to match its employees’ contributions, providing an employer match rate of 47.14% of their contributions

In 2022, the total retirement plan asset growth rate of AMERICAN RED CROSS SAVINGS PLAN is -15.25%

In 2022, the estimated aggregate retirement account investment gain/loss for AMERICAN RED CROSS SAVINGS PLAN is -15.75%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AMERICAN RED CROSS SAVINGS PLAN is 0.19%.

Enrollment Features

AMERICAN RED CROSS SAVINGS 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.