AMWAY RETIREMENT SAVINGS PLAN
Plan Contact
- Address: 7575 E. FULTON STREET, 56-3T,ADA,MI
- Phone: (616) 787-8600
Plan General Information
AMWAY RETIREMENT SAVINGS PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of AMWAY RETIREMENT SAVINGS PLAN is $1,235,370,422.00.This plan was established in 1965.
AMWAY RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in AMWAY RETIREMENT SAVINGS PLAN is 5127
AMWAY RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for AMWAY RETIREMENT SAVINGS PLAN is $240,953.00
AMWAY RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for AMWAY RETIREMENT SAVINGS PLAN is $5,984.00.
AMWAY RETIREMENT SAVINGS PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in AMWAY RETIREMENT SAVINGS PLAN is approximately $6,789.00
Investing in this additonal $6,789.00 for 20 years would give you extra $434,510.00, assuming a 10% annual return.
Investing in this additonal $6,789.00 for 20 years would give you extra $434,510.00, assuming a 10% annual return.
AMWAY RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate
In 2023, AMWAY RETIREMENT SAVINGS PLAN allocates $34,808,398.00 to match its employees' contributions, providing an employer match rate of 111.24% of their contributions
AMWAY RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of AMWAY RETIREMENT SAVINGS PLAN is 10.36%.
AMWAY RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for AMWAY RETIREMENT SAVINGS PLAN is 17.19%. This measures the effectiveness of the plan participants' investments in the year.
AMWAY RETIREMENT SAVINGS PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of AMWAY RETIREMENT SAVINGS PLAN is 0.03%.
Enrollment Features
AMWAY 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.
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