SIX8 401(K) MULTIPLE EMPLOYER PLAN BOARD OF DIRECTORS
Retirement Plan Detail
Retirement Plan Ranking
Retirement Plan:
SIX8 401(K) MULTIPLE EMPLOYER PLAN AS ADOPTED BY ALABAMA EDUCATION ASSOCIATION
This plan provides above-average contributions and strong design features, helping employers stay competitive in hiring while supporting long-term retention.
Rate your benefits
See how your benefits compare to competitors and if you qualify for an Mployer Benefits Award
Plan Benchmark
Disclaimer: Ratings are based on firm-provided, independently audited data and reflect Mployer Advisor's opinion. They are not financial or legal advice and should be one of many factors considered when evaluating a retirement plan.
$2,975
Avg Employer Contribution per Person per Year
Leading
Not EE Friendly
Plan Design
Laggard
EE Friendly
Admin Fees as a % of Total Assets
Laggard
16%
1 Year Return
Top Benefits
Peer Group
Size
50-99 employees
Region
Middle Atlantic
Industry
Educational Services
Employer & Employee Contribution
Factors like longer employee tenure and more generous match rates result in higher contributions.
Average Employer Contribution
Employer
Cohort
Average Employee Contribution
Employee
Cohort
Plan Details
Plan name
SIX8 401(K) MULTIPLE EMPLOYER PLAN AS ADOPTED BY ALABAMA EDUCATION ASSOCIATION
Plan type
401k
Plan start date
10/01/1999
Plan assets
$8,690,215
Participation Rate
97.03 %
Loan %
0.00 %
Update your company benefits information and see if you qualify for a Benefits Award
It's free
Not your company?
Key Plan Features
Each employer retirement plan is unique with different features that can benefit employees.
Loans
No
Self-directed
No
Auto-Enroll
No
Vesting Requirements
No
Returns
The below return percentage is an approximate one-year return. Specific employee start date's and other factors can shift the percentage up or down.
Average Returns
Employer
Cohort
Administrative Fees
Retirement plans pays fees each year to advisors and other vendors. This shows how your fees compare to like plans both as a percent of total and overall.
Administration Fees $
Employer
Cohort
Administrative Fees %
Employer
Cohort
Update your company benefits information and see if you qualify for a Benefits Award
It's free
Not your company?
FAQs
Benefits Package
See how to earn a Top Benefits Rating for your company!
It’s free and takes just a few minutes, click here to get started
Get My Rating
