BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN

Plan Contact

  • Address: 2445 BILLINGSLEY ROAD,COLUMBUS,OH
  • Contact person: MARY E. CULBERTSON
  • Phone: (614) 863-2800

Plan General Information

BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN is $9,494,185.00.This plan was established in 1985.

BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN is 139

BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN is $68,303.00

BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN is $4,375.00.

BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN is approximately $842.00
Investing in this additonal $842.00 for 20 years would give you extra $53,893.00, assuming a 10% annual return.

BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN Total Employer Contribution and Match Rate

In 2023, BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN allocates $117,050.00 to match its employees' contributions, providing an employer match rate of 18.84% of their contributions

BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN is 17.23%.

BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN is 15.64%. This measures the effectiveness of the plan participants' investments in the year.

BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of BOB-BOYD AUTO FAMILY SALARY DEFERRAL PLAN is 0.57%.

Enrollment Features

BOB-BOYD AUTO FAMILY SALARY DEFERRAL 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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