AMERIJET INTERNATIONAL, INC 401(K) AND PROFIT SHARING - OPERATIONS PLAN

  • Address: 4500 N.W. 36TH STREET,MIAMI,FL
  • Contact person: RAFAEL SANCHEZ
  • Phone: (305) 282-5088

AMERIJET INTERNATIONAL, INC 401(K) AND PROFIT SHARING - OPERATIONS 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.

At the end of 2022, the total retirement plan assets of AMERIJET INTERNATIONAL, INC 401(K) AND PROFIT SHARING - OPERATIONS PLAN is $19,752,312.00.This plan was established in 2007.

At the end of 2022, the total number of retirement plan participants in AMERIJET INTERNATIONAL, INC 401(K) AND PROFIT SHARING - OPERATIONS PLAN is 748

In 2022, the average participant retirement account value for AMERIJET INTERNATIONAL, INC 401(K) AND PROFIT SHARING - OPERATIONS PLAN is $26,406.00

In 2022, the estimated average employee contribution amount per participant for AMERIJET INTERNATIONAL, INC 401(K) AND PROFIT SHARING - OPERATIONS PLAN is $2,100.00

In 2022, the estimated average employer match for an employee in AMERIJET INTERNATIONAL, INC 401(K) AND PROFIT SHARING - OPERATIONS PLAN is approximately $1,195.00

In 2022, AMERIJET INTERNATIONAL, INC 401(K) AND PROFIT SHARING - OPERATIONS PLAN allocates $894,402.00 to match its employees' contributions, providing an employer match rate of 58.26% of their contributions

In 2022, the total retirement plan asset growth rate of AMERIJET INTERNATIONAL, INC 401(K) AND PROFIT SHARING - OPERATIONS PLAN is -11.76%

In 2022, the estimated aggregate retirement account investment gain/loss for AMERIJET INTERNATIONAL, INC 401(K) AND PROFIT SHARING - OPERATIONS PLAN is -12.16%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of AMERIJET INTERNATIONAL, INC 401(K) AND PROFIT SHARING - OPERATIONS PLAN is 0.26%.

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