AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN

Plan Contact

  • Address: 1217 CAMP JACKSON ROAD,CAHOKIA,IL
  • Contact person: JAMES R SCRIVNER
  • Phone: (618) 337-1364

Plan General Information

AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN is $7,158,111.00.This plan was established in 1980.

AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN is 180

AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN is $39,767.00

AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN is $1,449.00.

AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN is approximately $988.00
Investing in this additonal $988.00 for 20 years would give you extra $63,280.00, assuming a 10% annual return.

AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2023, AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN allocates $177,977.00 to match its employees' contributions, providing an employer match rate of 60.04% of their contributions

AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN is 19.05%.

AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN is 19.39%. This measures the effectiveness of the plan participants' investments in the year.

AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING PLAN is 0.67%.

Enrollment Features

AL'S AUTOMOTIVE SUPPLY, INC. PROFIT SHARING 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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