ALERA GROUP, INC. SAVINGS PLAN
Plan Contact
- Address: 3 PARKWAY NORTH,,DEERFIELD,IL
- Contact person: LATSCHA PETTY
- Phone: (847) 582-4511
Plan General Information
ALERA GROUP, INC. SAVINGS PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of ALERA GROUP, INC. SAVINGS PLAN is $414,256,172.00.This plan was established in 1989.
ALERA GROUP, INC. SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in ALERA GROUP, INC. SAVINGS PLAN is 4958
ALERA GROUP, INC. SAVINGS PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for ALERA GROUP, INC. SAVINGS PLAN is $83,553.00
ALERA GROUP, INC. SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for ALERA GROUP, INC. SAVINGS PLAN is $10,492.00.
ALERA GROUP, INC. SAVINGS PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in ALERA GROUP, INC. SAVINGS PLAN is approximately $3,069.00
Investing in this additonal $3,069.00 for 20 years would give you extra $196,430.00, assuming a 10% annual return.
Investing in this additonal $3,069.00 for 20 years would give you extra $196,430.00, assuming a 10% annual return.
ALERA GROUP, INC. SAVINGS PLAN Total Employer Contribution and Match Rate
In 2023, ALERA GROUP, INC. SAVINGS PLAN allocates $15,217,209.00 to match its employees' contributions, providing an employer match rate of 37.93% of their contributions
ALERA GROUP, INC. SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of ALERA GROUP, INC. SAVINGS PLAN is 35.68%.
ALERA GROUP, INC. SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for ALERA GROUP, INC. SAVINGS PLAN is 17.24%. This measures the effectiveness of the plan participants' investments in the year.
ALERA GROUP, INC. SAVINGS PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of ALERA GROUP, INC. SAVINGS PLAN is 0.11%.
Enrollment Features
ALERA GROUP, INC. SAVINGS 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.
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