CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: 5901 SOUTH LAGRANGE ROAD,COUNTRYSIDE,IL
  • Phone: (708) 352-6000

Plan General Information

CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN is $10,597,972.00.This plan was established in 2022.

CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN is 128

CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN is $82,796.00

CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN is $2,789.00.

CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN is approximately $997.00
Investing in this additonal $997.00 for 20 years would give you extra $63,842.00, assuming a 10% annual return.

CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2021, CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN allocates $127,684.00 to match its employees' contributions, providing an employer match rate of 35.76% of their contributions

CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN is 13.31%.

CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN is 14.57%. This measures the effectiveness of the plan participants' investments in the year.

CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN is 0.40%.

Enrollment Features

CONTINENTAL HONDA, INC. SALARY DEFERRAL 401(K) PROFIT SHARING 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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