ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE

Plan Contact

  • Address: 3550 PEACHTREE RD,,ATLANTA,GA
  • Contact person: JULIE HARRIS
  • Phone: (404) 760-4000

Plan General Information

ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE is $3,560,002.00.This plan was established in 1960.

ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE is 146

ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE Average Participant Retirement Account Value

In 2023, the average participant retirement account value for ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE is $24,383.00

ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE is $1,297.00.

ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE is approximately $1,394.00
Investing in this additonal $1,394.00 for 20 years would give you extra $89,233.00, assuming a 10% annual return.

ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE Total Employer Contribution and Match Rate

In 2023, ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE allocates $203,565.00 to match its employees' contributions, providing an employer match rate of 102.20% of their contributions

ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE is 15.49%.

ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE is 15.95%. This measures the effectiveness of the plan participants' investments in the year.

ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE Expense Ratio

In 2023, the investment and administrative expense ratio of ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE is 0.35%.

Enrollment Features

ALERIS 401(K) PLAN FOR USW, LOCAL 7993, ASHVILLE 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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