AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN

Plan Contact

  • Address: 3332 WALDEN AVE., SUITE 100,DEPEW,NY
  • Contact person: CAROL ANGER
  • Phone: (716) 694-7060

Plan General Information

AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN is $13,755,298.00.This plan was established in 1986.

AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN is 113

AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN is $121,728.00

AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN is $3,537.00.

AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN is approximately $731.00
Investing in this additonal $731.00 for 20 years would give you extra $46,805.00, assuming a 10% annual return.

AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN Total Employer Contribution and Match Rate

In 2023, AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN allocates $82,641.00 to match its employees' contributions, providing an employer match rate of 20.86% of their contributions

AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN is 12.61%.

AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN is 16.34%. This measures the effectiveness of the plan participants' investments in the year.

AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN is 0.02%.

Enrollment Features

AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL 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.


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