AJ MADISON 401(K) PLAN
Plan Contact
- Address: 3605 13TH AVENUE,BROOKLYN,NY
- Contact person: ALEXANDRA ILLISH
- Phone: (718) 532-1800
Plan General Information
AJ MADISON 401(K) PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of AJ MADISON 401(K) PLAN is $1,536,745.00.This plan was established in 2019.
AJ MADISON 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in AJ MADISON 401(K) PLAN is 143
AJ MADISON 401(K) PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for AJ MADISON 401(K) PLAN is $10,746.00
AJ MADISON 401(K) PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for AJ MADISON 401(K) PLAN is $4,607.00.
AJ MADISON 401(K) PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in AJ MADISON 401(K) PLAN is approximately $1,337.00
Investing in this additonal $1,337.00 for 20 years would give you extra $85,618.00, assuming a 10% annual return.
Investing in this additonal $1,337.00 for 20 years would give you extra $85,618.00, assuming a 10% annual return.
AJ MADISON 401(K) PLAN Total Employer Contribution and Match Rate
In 2022, AJ MADISON 401(K) PLAN allocates $191,304.00 to match its employees' contributions, providing an employer match rate of 58.07% of their contributions
AJ MADISON 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of AJ MADISON 401(K) PLAN is 19.03%.
AJ MADISON 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for AJ MADISON 401(K) PLAN is -16.65%. This measures the effectiveness of the plan participants' investments in the year.
AJ MADISON 401(K) PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of AJ MADISON 401(K) PLAN is 0.06%.
Enrollment Features
AJ MADISON 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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