COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST

Plan Contact

  • Address: 10125 BERKELEY PLACE DRIVE,CHARLOTTE,NC
  • Phone: (704) 945-6899

Plan General Information

COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST is $1,900,617.00.This plan was established in 2016.

COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST is 149

COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST Average Participant Retirement Account Value

In 2022, the average participant retirement account value for COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST is $12,755.00

COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST is $5,456.00.

COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST is approximately $1,485.00
Investing in this additonal $1,485.00 for 20 years would give you extra $95,063.00, assuming a 10% annual return.

COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST Total Employer Contribution and Match Rate

In 2022, COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST allocates $221,320.00 to match its employees' contributions, providing an employer match rate of 54.44% of their contributions

COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST is 18.98%.

COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST is -16.42%. This measures the effectiveness of the plan participants' investments in the year.

COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST Expense Ratio

In 2022, the investment and administrative expense ratio of COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST is 0.56%.

Enrollment Features

COSTNER LAW OFFICE, PLLC 401(K) PROFIT SHARING PLAN AND TRUST 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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