AG SAVINGS & INVESTMENT PLAN

Plan Contact

  • Address: 245 PARK AVENUE,,NEW YORK,NY
  • Contact person: BRIAN SIGMAN
  • Phone: (212) 692-2000

Plan General Information

AG SAVINGS & INVESTMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of AG SAVINGS & INVESTMENT PLAN is $204,387,224.00.This plan was established in 1989.

AG SAVINGS & INVESTMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in AG SAVINGS & INVESTMENT PLAN is 761

AG SAVINGS & INVESTMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for AG SAVINGS & INVESTMENT PLAN is $268,577.00

AG SAVINGS & INVESTMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for AG SAVINGS & INVESTMENT PLAN is $17,501.00.

AG SAVINGS & INVESTMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in AG SAVINGS & INVESTMENT PLAN is approximately $8,798.00
Investing in this additonal $8,798.00 for 20 years would give you extra $563,078.00, assuming a 10% annual return.

AG SAVINGS & INVESTMENT PLAN Total Employer Contribution and Match Rate

In 2023, AG SAVINGS & INVESTMENT PLAN allocates $6,695,350.00 to match its employees' contributions, providing an employer match rate of 55.81% of their contributions

AG SAVINGS & INVESTMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of AG SAVINGS & INVESTMENT PLAN is 26.78%.

AG SAVINGS & INVESTMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for AG SAVINGS & INVESTMENT PLAN is 19.66%. This measures the effectiveness of the plan participants' investments in the year.

AG SAVINGS & INVESTMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of AG SAVINGS & INVESTMENT PLAN is 0.02%.

Enrollment Features

AG SAVINGS & INVESTMENT 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.


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