AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN

Plan Contact

  • Address: 8535 E 21ST STREET NORTH,,WICHITA,KS
  • Contact person: KAYLA HEDGES
  • Phone: (316) 630-6303

Plan General Information

AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN is $3,438,351.00.This plan was established in 2019.

AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN is 498

AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN is $6,904.00

AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN is $671.00.

AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN is approximately $247.00
Investing in this additonal $247.00 for 20 years would give you extra $15,838.00, assuming a 10% annual return.

AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN allocates $123,247.00 to match its employees' contributions, providing an employer match rate of 35.25% of their contributions

AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN is -4.14%.

AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN is 15.23%. This measures the effectiveness of the plan participants' investments in the year.

AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of AVANTIC LODGING ENTERPRISES INC. 401(K) PLAN is 0.61%.

Enrollment Features

AVANTIC LODGING ENTERPRISES INC. 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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