AIRPARK HOLDINGS, INC. 401 (K) PLAN

Plan Contact

  • Address: 231 DEMING WAY,SUMMERVILLE,SC
  • Contact person: JENNIFER DAVIE
  • Phone: (800) 290-0065

Plan General Information

AIRPARK HOLDINGS, INC. 401 (K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of AIRPARK HOLDINGS, INC. 401 (K) PLAN is $4,256,732.00.This plan was established in 2017.

AIRPARK HOLDINGS, INC. 401 (K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in AIRPARK HOLDINGS, INC. 401 (K) PLAN is 296

AIRPARK HOLDINGS, INC. 401 (K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for AIRPARK HOLDINGS, INC. 401 (K) PLAN is $14,380.00

AIRPARK HOLDINGS, INC. 401 (K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for AIRPARK HOLDINGS, INC. 401 (K) PLAN is $1,658.00.

AIRPARK HOLDINGS, INC. 401 (K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in AIRPARK HOLDINGS, INC. 401 (K) PLAN is approximately $834.00
Investing in this additonal $834.00 for 20 years would give you extra $53,398.00, assuming a 10% annual return.

AIRPARK HOLDINGS, INC. 401 (K) PLAN Total Employer Contribution and Match Rate

In 2023, AIRPARK HOLDINGS, INC. 401 (K) PLAN allocates $246,969.00 to match its employees' contributions, providing an employer match rate of 57.16% of their contributions

AIRPARK HOLDINGS, INC. 401 (K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of AIRPARK HOLDINGS, INC. 401 (K) PLAN is 28.42%.

AIRPARK HOLDINGS, INC. 401 (K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for AIRPARK HOLDINGS, INC. 401 (K) PLAN is 16.54%. This measures the effectiveness of the plan participants' investments in the year.

AIRPARK HOLDINGS, INC. 401 (K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of AIRPARK HOLDINGS, INC. 401 (K) PLAN is 0.97%.

Enrollment Features

AIRPARK HOLDINGS, 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.

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