ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: 2020 SALZEDO STREET,,CORAL GABLES,FL
  • Contact person: JESSICA QUACKENBUSH
  • Phone: (305) 567-3582

Plan General Information

ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN is $4,722,028.00.This plan was established in 2015.

ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN is 141

ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN is $33,489.00

ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN is $3,033.00.

ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN is approximately $314.00
Investing in this additonal $314.00 for 20 years would give you extra $20,145.00, assuming a 10% annual return.

ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2022, ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN allocates $44,383.00 to match its employees' contributions, providing an employer match rate of 10.16% of their contributions

ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN is -24.53%.

ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN is -17.25%. This measures the effectiveness of the plan participants' investments in the year.

ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN is 0.27%.

Enrollment Features

ALBANY AUTO MANAGEMENT, LLC 401(K) PROFIT SHARING 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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