ADVANCE 2000 RETIREMENT PLAN

Plan Contact

  • Address: 155 PINEVIEW DRIVE,AMHERST,NY
  • Contact person: DAVID KUNKEL
  • Phone: (716) 631-5602

Plan General Information

ADVANCE 2000 RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of ADVANCE 2000 RETIREMENT PLAN is $7,560,418.00.This plan was established in 2003.

ADVANCE 2000 RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in ADVANCE 2000 RETIREMENT PLAN is 112

ADVANCE 2000 RETIREMENT PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for ADVANCE 2000 RETIREMENT PLAN is $67,503.00

ADVANCE 2000 RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for ADVANCE 2000 RETIREMENT PLAN is $3,764.00.

ADVANCE 2000 RETIREMENT PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in ADVANCE 2000 RETIREMENT PLAN is approximately $1,484.00
Investing in this additonal $1,484.00 for 20 years would give you extra $95,034.00, assuming a 10% annual return.

ADVANCE 2000 RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2022, ADVANCE 2000 RETIREMENT PLAN allocates $166,310.00 to match its employees' contributions, providing an employer match rate of 38.92% of their contributions

ADVANCE 2000 RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of ADVANCE 2000 RETIREMENT PLAN is -11.54%.

ADVANCE 2000 RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for ADVANCE 2000 RETIREMENT PLAN is -16.49%. This measures the effectiveness of the plan participants' investments in the year.

ADVANCE 2000 RETIREMENT PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of ADVANCE 2000 RETIREMENT PLAN is 0.52%.

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