DAY'S CHEVROLET INC. 401K SAVINGS PLAN

Plan Contact

  • Address: 3693 COBB PKWY NW,ACWORTH,GA
  • Contact person: CALVIN DIEMER
  • Phone: (770) 974-4242

Plan General Information

DAY'S CHEVROLET INC. 401K SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of DAY'S CHEVROLET INC. 401K SAVINGS PLAN is $8,267,286.00.This plan was established in 1995.

DAY'S CHEVROLET INC. 401K SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in DAY'S CHEVROLET INC. 401K SAVINGS PLAN is 154

DAY'S CHEVROLET INC. 401K SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for DAY'S CHEVROLET INC. 401K SAVINGS PLAN is $53,683.00

DAY'S CHEVROLET INC. 401K SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for DAY'S CHEVROLET INC. 401K SAVINGS PLAN is $2,841.00.

DAY'S CHEVROLET INC. 401K SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in DAY'S CHEVROLET INC. 401K SAVINGS PLAN is approximately $390.00
Investing in this additonal $390.00 for 20 years would give you extra $24,966.00, assuming a 10% annual return.

DAY'S CHEVROLET INC. 401K SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, DAY'S CHEVROLET INC. 401K SAVINGS PLAN allocates $60,076.00 to match its employees' contributions, providing an employer match rate of 13.55% of their contributions

DAY'S CHEVROLET INC. 401K SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of DAY'S CHEVROLET INC. 401K SAVINGS PLAN is 16.81%.

DAY'S CHEVROLET INC. 401K SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for DAY'S CHEVROLET INC. 401K SAVINGS PLAN is 15.87%. This measures the effectiveness of the plan participants' investments in the year.

DAY'S CHEVROLET INC. 401K SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of DAY'S CHEVROLET INC. 401K SAVINGS PLAN is 0.13%.

Enrollment Features

DAY'S CHEVROLET INC. 401K SAVINGS 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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