ATN INTERNATIONAL 401(K) PLAN

Overview

Plan Contact

  • Address: 500 CUMMINGS CENTER,,BEVERLY,MA
  • Contact person: DOMENIC MICALE
  • Phone: (978) 619-1300

Plan General Information


At the end of 2022, the total retirement plan assets of ATN INTERNATIONAL 401(K) PLAN is $62,840,088.This plan was established in 2003.

At the end of 2022, the total number of retirement plan participants in ATN INTERNATIONAL 401(K) PLAN is 823

In 2022, the average participant retirement account value for ATN INTERNATIONAL 401(K) PLAN is $76,354

In 2022, the estimated average employee contribution amount per participant for ATN INTERNATIONAL 401(K) PLAN is $4,181

In 2022, the estimated average employer match for an employee in ATN INTERNATIONAL 401(K) PLAN is approximately $2,057

In 2022, ATN INTERNATIONAL 401(K) PLAN allocates $1,693,234 to match its employees’ contributions, providing an employer match rate of 49.42% of their contributions

In 2022, the total retirement plan asset growth rate of ATN INTERNATIONAL 401(K) PLAN is -15.80%

In 2022, the estimated aggregate retirement account investment gain/loss for ATN INTERNATIONAL 401(K) PLAN is -17.58%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ATN INTERNATIONAL 401(K) PLAN is 0.32%.

Enrollment Features

ATN INTERNATIONAL 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.