AVIATRIX 401(K) PLAN

At the end of 2022, the total retirement plan assets of AVIATRIX 401(K) PLAN is $12,439,219.This plan was established in 2019.

At the end of 2022, the total number of retirement plan participants in AVIATRIX 401(K) PLAN is 312

In 2022, the average participant retirement account value for AVIATRIX 401(K) PLAN is $39,869

In 2022, the estimated average employee contribution amount per participant for AVIATRIX 401(K) PLAN is $22,219

In 2022, the estimated average employer match for an employee in AVIATRIX 401(K) PLAN is approximately $4,645

In 2022, AVIATRIX 401(K) PLAN allocates $1,449,425 to match its employees’ contributions, providing an employer match rate of 27.94% of their contributions

In 2022, the total retirement plan asset growth rate of AVIATRIX 401(K) PLAN is 63.17%

In 2022, the estimated aggregate retirement account investment gain/loss for AVIATRIX 401(K) PLAN is -15.38%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AVIATRIX 401(K) PLAN is 0.21%.

Enrollment Features

AVIATRIX 401(K) 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.