ALUMA-FORM, INC. 401(K) PLAN

  • Address: 3625 OLD GETWELL RD.,MEMPHIS,TN
  • Contact person: HERSCHELL NEWMAN
  • Phone: (901) 362-0100

ALUMA-FORM, INC. 401(K) 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.

At the end of 2022, the total retirement plan assets of ALUMA-FORM, INC. 401(K) PLAN is $8,176,641.00.This plan was established in 1971.

At the end of 2022, the total number of retirement plan participants in ALUMA-FORM, INC. 401(K) PLAN is 439

In 2022, the average participant retirement account value for ALUMA-FORM, INC. 401(K) PLAN is $18,625.00

In 2022, the estimated average employee contribution amount per participant for ALUMA-FORM, INC. 401(K) PLAN is $1,258.00

In 2022, the estimated average employer match for an employee in ALUMA-FORM, INC. 401(K) PLAN is approximately $416.00

In 2022, ALUMA-FORM, INC. 401(K) PLAN allocates $182,947.00 to match its employees' contributions, providing an employer match rate of 36.79% of their contributions

In 2022, the total retirement plan asset growth rate of ALUMA-FORM, INC. 401(K) PLAN is -23.12%

In 2022, the estimated aggregate retirement account investment gain/loss for ALUMA-FORM, INC. 401(K) PLAN is -15.34%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of ALUMA-FORM, INC. 401(K) PLAN is 0.46%.

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