AMERICAN PARA PROFESSIONAL SYSTEMS, INC. 401(K) PLAN

  • Address: ONE JERICHO PLAZA,JERICHO,NY
  • Contact person: GARY KNAUER
  • Phone: (516) 822-6230
Investment Options of AMERICAN PARA PROFESSIONAL SYSTEMS, INC. 401(K) PLAN (as of 2022)
MIP CL 1 (FIDELITY MANAGEMENT TRUST COMPANY)

AMERICAN PARA PROFESSIONAL SYSTEMS, INC. 401(K) 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.

At the end of 2022, the total retirement plan assets of AMERICAN PARA PROFESSIONAL SYSTEMS, INC. 401(K) PLAN is $12,437,034.00.This plan was established in 1995.

At the end of 2022, the total number of retirement plan participants in AMERICAN PARA PROFESSIONAL SYSTEMS, INC. 401(K) PLAN is 214

In 2022, the average participant retirement account value for AMERICAN PARA PROFESSIONAL SYSTEMS, INC. 401(K) PLAN is $58,116.00

In 2022, the estimated average employee contribution amount per participant for AMERICAN PARA PROFESSIONAL SYSTEMS, INC. 401(K) PLAN is $3,608.00

In 2022, the estimated average employer match for an employee in AMERICAN PARA PROFESSIONAL SYSTEMS, INC. 401(K) PLAN is approximately $600.00

In 2022, AMERICAN PARA PROFESSIONAL SYSTEMS, INC. 401(K) PLAN allocates $128,450.00 to match its employees' contributions, providing an employer match rate of 16.79% of their contributions

In 2022, the total retirement plan asset growth rate of AMERICAN PARA PROFESSIONAL SYSTEMS, INC. 401(K) PLAN is -9.51%

In 2022, the estimated aggregate retirement account investment gain/loss for AMERICAN PARA PROFESSIONAL SYSTEMS, INC. 401(K) PLAN is -14.86%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of AMERICAN PARA PROFESSIONAL SYSTEMS, INC. 401(K) PLAN is 0.49%.

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