THE ASSOCIATED PRESS 401K RETIREMENT SAVINGS PLAN

  • Address: 200 LIBERTY ST.,NEW YORK,NY
  • Contact person: SUSAN GILKEY
  • Phone: (212) 621-7059

THE ASSOCIATED PRESS 401K RETIREMENT SAVINGS 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 THE ASSOCIATED PRESS 401K RETIREMENT SAVINGS PLAN is $703,971,054.00.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in THE ASSOCIATED PRESS 401K RETIREMENT SAVINGS PLAN is 2341

In 2022, the average participant retirement account value for THE ASSOCIATED PRESS 401K RETIREMENT SAVINGS PLAN is $300,713.00

In 2022, the estimated average employee contribution amount per participant for THE ASSOCIATED PRESS 401K RETIREMENT SAVINGS PLAN is $6,200.00

In 2022, the estimated average employer match for an employee in THE ASSOCIATED PRESS 401K RETIREMENT SAVINGS PLAN is approximately $4,048.00

In 2022, THE ASSOCIATED PRESS 401K RETIREMENT SAVINGS PLAN allocates $9,476,621.00 to match its employees' contributions, providing an employer match rate of 64.58% of their contributions

In 2022, the total retirement plan asset growth rate of THE ASSOCIATED PRESS 401K RETIREMENT SAVINGS PLAN is -18.69%

In 2022, the estimated aggregate retirement account investment gain/loss for THE ASSOCIATED PRESS 401K RETIREMENT SAVINGS PLAN is -16.84%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of THE ASSOCIATED PRESS 401K RETIREMENT SAVINGS PLAN is 0.07%.

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