COASTAL MOTOR SALES, INC. 401(K) PLAN

Plan Contact

  • Address: P.O. BOX 60817,SAVANNAH,GA
  • Contact person: JOHN A. STARR
  • Phone: (912) 927-1234

Plan General Information

COASTAL MOTOR SALES, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of COASTAL MOTOR SALES, INC. 401(K) PLAN is $3,035,796.00.This plan was established in 1994.

COASTAL MOTOR SALES, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in COASTAL MOTOR SALES, INC. 401(K) PLAN is 147

COASTAL MOTOR SALES, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for COASTAL MOTOR SALES, INC. 401(K) PLAN is $20,651.00

COASTAL MOTOR SALES, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for COASTAL MOTOR SALES, INC. 401(K) PLAN is $3,818.00.

COASTAL MOTOR SALES, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in COASTAL MOTOR SALES, INC. 401(K) PLAN is approximately $652.00
Investing in this additonal $652.00 for 20 years would give you extra $41,773.00, assuming a 10% annual return.

COASTAL MOTOR SALES, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, COASTAL MOTOR SALES, INC. 401(K) PLAN allocates $95,948.00 to match its employees' contributions, providing an employer match rate of 19.71% of their contributions

COASTAL MOTOR SALES, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of COASTAL MOTOR SALES, INC. 401(K) PLAN is 17.57%.

COASTAL MOTOR SALES, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for COASTAL MOTOR SALES, INC. 401(K) PLAN is 16.03%. This measures the effectiveness of the plan participants' investments in the year.

COASTAL MOTOR SALES, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of COASTAL MOTOR SALES, INC. 401(K) PLAN is 1.00%.

Enrollment Features

COASTAL MOTOR SALES, INC. 401(K) 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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