AARE/WET 401(K) PLAN

Plan Contact

  • Address: 22020 HOWELL DRIVE,NEW LENOX,IL
  • Contact person: JOHN WEBER
  • Phone: (773) 981-9005

Plan General Information

AARE/WET 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of AARE/WET 401(K) PLAN is $1,479,369.00.This plan was established in 2016.

AARE/WET 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in AARE/WET 401(K) PLAN is 171

AARE/WET 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for AARE/WET 401(K) PLAN is $8,651.00

AARE/WET 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for AARE/WET 401(K) PLAN is $3,665.00.

AARE/WET 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of AARE/WET 401(K) PLAN is 17.49%.

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

In 2023, the estimated aggregate retirement account investment gain/loss for AARE/WET 401(K) PLAN is 7.43%. This measures the effectiveness of the plan participants' investments in the year.

AARE/WET 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of AARE/WET 401(K) PLAN is 0.85%.

Enrollment Features

AARE/WET 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.


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