AVALA 401(K) PLAN

Plan Contact

  • Address: 67252 INDUSTRY LANE,COVINGTON,LA
  • Contact person: EDDY VARGAS
  • Phone: (985) 809-9888

Plan General Information

AVALA 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of AVALA 401(K) PLAN is $9,262,745.00.This plan was established in 2000.

AVALA 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in AVALA 401(K) PLAN is 409

AVALA 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for AVALA 401(K) PLAN is $22,647.00

AVALA 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for AVALA 401(K) PLAN is $3,097.00.

AVALA 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in AVALA 401(K) PLAN is approximately $1,390.00
Investing in this additonal $1,390.00 for 20 years would give you extra $88,969.00, assuming a 10% annual return.

AVALA 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, AVALA 401(K) PLAN allocates $568,568.00 to match its employees' contributions, providing an employer match rate of 55.12% of their contributions

AVALA 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of AVALA 401(K) PLAN is 10.18%.

AVALA 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for AVALA 401(K) PLAN is -15.26%. This measures the effectiveness of the plan participants' investments in the year.

AVALA 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of AVALA 401(K) PLAN is 0.03%.

Enrollment Features

AVALA 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.


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