AMERICAN FIBERTECH CORPORATION 401(K) PLAN

  • Address: 11349 U.S. HIGHWAY 52 SOUTH,CLARKS HILL,IN
  • Contact person: BENJAMIN MILLER
  • Phone: (765) 523-2298
Investment Options of AMERICAN FIBERTECH CORPORATION 401(K) PLAN (as of 2022)
PUTNAM STABLE VALUE (PUTNAM FIDUCIARY TRUST COMPANY)

AMERICAN FIBERTECH CORPORATION 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 AMERICAN FIBERTECH CORPORATION 401(K) PLAN is $4,306,514.00.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in AMERICAN FIBERTECH CORPORATION 401(K) PLAN is 471

In 2022, the average participant retirement account value for AMERICAN FIBERTECH CORPORATION 401(K) PLAN is $9,143.00

In 2022, the estimated average employee contribution amount per participant for AMERICAN FIBERTECH CORPORATION 401(K) PLAN is $1,017.00

In 2022, the estimated average employer match for an employee in AMERICAN FIBERTECH CORPORATION 401(K) PLAN is approximately $793.00

In 2022, AMERICAN FIBERTECH CORPORATION 401(K) PLAN allocates $373,692.00 to match its employees' contributions, providing an employer match rate of 65.29% of their contributions

In 2022, the total retirement plan asset growth rate of AMERICAN FIBERTECH CORPORATION 401(K) PLAN is 0.21%

In 2022, the estimated aggregate retirement account investment gain/loss for AMERICAN FIBERTECH CORPORATION 401(K) PLAN is -15.52%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of AMERICAN FIBERTECH CORPORATION 401(K) PLAN is 0.64%.

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