BATTLE MOTORS
Plan Contact
- Address: 1951 REISER AVE SE,NEW PHILADELPHIA,OH
- Contact person: TIFFANY MARTAK
- Phone: (330) 308-6700
Plan General Information
BATTLE MOTORS Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of BATTLE MOTORS is $9,019,913.00.This plan was established in 2019.
BATTLE MOTORS Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in BATTLE MOTORS is 408
BATTLE MOTORS Average Participant Retirement Account Value
In 2023, the average participant retirement account value for BATTLE MOTORS is $22,107.00
BATTLE MOTORS Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for BATTLE MOTORS is $10,051.00.
BATTLE MOTORS Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in BATTLE MOTORS is approximately $1,281.00
Investing in this additonal $1,281.00 for 20 years would give you extra $81,998.00, assuming a 10% annual return.
Investing in this additonal $1,281.00 for 20 years would give you extra $81,998.00, assuming a 10% annual return.
BATTLE MOTORS Total Employer Contribution and Match Rate
In 2023, BATTLE MOTORS allocates $522,742.00 to match its employees' contributions, providing an employer match rate of 25.49% of their contributions
BATTLE MOTORS Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of BATTLE MOTORS is 53.07%.
BATTLE MOTORS Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for BATTLE MOTORS is 19.57%. This measures the effectiveness of the plan participants' investments in the year.
BATTLE MOTORS Expense Ratio
In 2023, the investment and administrative expense ratio of BATTLE MOTORS is 0.29%.
Enrollment Features
BATTLE MOTORS 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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