DON WOOD AUTOMOTIVE, INC. 401(K) PLAN
Plan Contact
- Address: 900 E. STATE STREET,ATHENS,OH
- Contact person: DONALD P WOOD
- Phone: (704) 593-6641
Plan General Information
DON WOOD AUTOMOTIVE, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of DON WOOD AUTOMOTIVE, INC. 401(K) PLAN is $3,229,988.00.This plan was established in 1987.
DON WOOD AUTOMOTIVE, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in DON WOOD AUTOMOTIVE, INC. 401(K) PLAN is 101
DON WOOD AUTOMOTIVE, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for DON WOOD AUTOMOTIVE, INC. 401(K) PLAN is $31,980.00
DON WOOD AUTOMOTIVE, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for DON WOOD AUTOMOTIVE, INC. 401(K) PLAN is $3,877.00.
DON WOOD AUTOMOTIVE, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in DON WOOD AUTOMOTIVE, INC. 401(K) PLAN is approximately $475.00
Investing in this additonal $475.00 for 20 years would give you extra $30,448.00, assuming a 10% annual return.
Investing in this additonal $475.00 for 20 years would give you extra $30,448.00, assuming a 10% annual return.
DON WOOD AUTOMOTIVE, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, DON WOOD AUTOMOTIVE, INC. 401(K) PLAN allocates $48,051.00 to match its employees' contributions, providing an employer match rate of 24.54% of their contributions
DON WOOD AUTOMOTIVE, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of DON WOOD AUTOMOTIVE, INC. 401(K) PLAN is 19.69%.
DON WOOD AUTOMOTIVE, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for DON WOOD AUTOMOTIVE, INC. 401(K) PLAN is 19.29%. This measures the effectiveness of the plan participants' investments in the year.
DON WOOD AUTOMOTIVE, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of DON WOOD AUTOMOTIVE, INC. 401(K) PLAN is 0.46%.
Enrollment Features
DON WOOD AUTOMOTIVE, INC. 401(K) 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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