COASTAL AGROBUSINESS, INC. EMPLOYEE PROFIT-SHARING PLAN

Plan Contact

  • Address: P O BOX 856,GREENVILLE,NC
  • Contact person: JAMES C WHITEHURST III
  • Phone: (252) 756-1120

Plan General Information

COASTAL AGROBUSINESS, INC. EMPLOYEE PROFIT-SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of COASTAL AGROBUSINESS, INC. EMPLOYEE PROFIT-SHARING PLAN is $21,797,510.00.This plan was established in 1962.

COASTAL AGROBUSINESS, INC. EMPLOYEE PROFIT-SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in COASTAL AGROBUSINESS, INC. EMPLOYEE PROFIT-SHARING PLAN is 225

COASTAL AGROBUSINESS, INC. EMPLOYEE PROFIT-SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for COASTAL AGROBUSINESS, INC. EMPLOYEE PROFIT-SHARING PLAN is $96,877.00

COASTAL AGROBUSINESS, INC. EMPLOYEE PROFIT-SHARING PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in COASTAL AGROBUSINESS, INC. EMPLOYEE PROFIT-SHARING PLAN is approximately $5,156.00
Investing in this additonal $5,156.00 for 20 years would give you extra $330,032.00, assuming a 10% annual return.

COASTAL AGROBUSINESS, INC. EMPLOYEE PROFIT-SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of COASTAL AGROBUSINESS, INC. EMPLOYEE PROFIT-SHARING PLAN is 12.54%.

COASTAL AGROBUSINESS, INC. EMPLOYEE PROFIT-SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for COASTAL AGROBUSINESS, INC. EMPLOYEE PROFIT-SHARING PLAN is 11.31%. This measures the effectiveness of the plan participants' investments in the year.

COASTAL AGROBUSINESS, INC. EMPLOYEE PROFIT-SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of COASTAL AGROBUSINESS, INC. EMPLOYEE PROFIT-SHARING PLAN is 0.23%.

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