BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: 28315 KENSINGTON LANE,PERRYSBURG,OH
  • Contact person: JOSHUA ADAMS
  • Phone: (567) 316-0465

Plan General Information

BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN is $9,490,102.00.This plan was established in 2011.

BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN is 514

BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN is $18,463.00

BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN is $1,725.00.

BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN is approximately $1,071.00
Investing in this additonal $1,071.00 for 20 years would give you extra $68,599.00, assuming a 10% annual return.

BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2023, BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN allocates $550,940.00 to match its employees' contributions, providing an employer match rate of 55.08% of their contributions

BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN is 29.06%.

BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN is 16.57%. This measures the effectiveness of the plan participants' investments in the year.

BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) PROFIT SHARING PLAN is 1.17%.

Enrollment Features

BUSINESS SOLUTIONS OF PERRYSBURG, LLC 401(K) 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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