ATTORNEYS’ LIABILITY ASSURANCE SOCIETY LTD., A RISK RETENTION GROUP, 401(K) SAVINGS PLAN
Overview
Plan Contact
- Address: 311 SOUTH WACKER DRIVE,,CHICAGO,IL
- Contact person: LISA JENSEN
- Phone: (312) 697-6900
Plan General Information
At the end of 2022, the total retirement plan assets of ATTORNEYS’ LIABILITY ASSURANCE SOCIETY LTD., A RISK RETENTION GROUP, 401(K) SAVINGS PLAN is $41,750,673.This plan was established in 1987.
At the end of 2022, the total number of retirement plan participants in ATTORNEYS’ LIABILITY ASSURANCE SOCIETY LTD., A RISK RETENTION GROUP, 401(K) SAVINGS PLAN is 127
In 2022, the average participant retirement account value for ATTORNEYS’ LIABILITY ASSURANCE SOCIETY LTD., A RISK RETENTION GROUP, 401(K) SAVINGS PLAN is $328,745
In 2022, the estimated average employee contribution amount per participant for ATTORNEYS’ LIABILITY ASSURANCE SOCIETY LTD., A RISK RETENTION GROUP, 401(K) SAVINGS PLAN is $11,004
In 2022, the estimated average employer match for an employee in ATTORNEYS’ LIABILITY ASSURANCE SOCIETY LTD., A RISK RETENTION GROUP, 401(K) SAVINGS PLAN is approximately $7,231
In 2022, ATTORNEYS’ LIABILITY ASSURANCE SOCIETY LTD., A RISK RETENTION GROUP, 401(K) SAVINGS PLAN allocates $918,400 to match its employees’ contributions, providing an employer match rate of 68.41% of their contributions
In 2022, the total retirement plan asset growth rate of ATTORNEYS’ LIABILITY ASSURANCE SOCIETY LTD., A RISK RETENTION GROUP, 401(K) SAVINGS PLAN is -20.54%
In 2022, the estimated aggregate retirement account investment gain/loss for ATTORNEYS’ LIABILITY ASSURANCE SOCIETY LTD., A RISK RETENTION GROUP, 401(K) SAVINGS PLAN is -18.95%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ATTORNEYS’ LIABILITY ASSURANCE SOCIETY LTD., A RISK RETENTION GROUP, 401(K) SAVINGS PLAN is 0.06%.
Enrollment Features
ATTORNEYS’ LIABILITY ASSURANCE SOCIETY LTD., A RISK RETENTION GROUP, 401(K) 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.