DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN
Plan Contact
- Address: 1100 WASHINGTON AVENUE,,HUNTINGTON,WV
- Contact person: BRAD BLAKE
- Phone: (304) 529-2301
Plan General Information
DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2021, the total retirement plan assets of DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN is $5,029,395.00.This plan was established in 2022.
DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN is 272
DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN Average Participant Retirement Account Value
In 2021, the average participant retirement account value for DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN is $18,490.00
DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN is $2,270.00.
DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN is approximately $504.00
Investing in this additonal $504.00 for 20 years would give you extra $32,313.00, assuming a 10% annual return.
Investing in this additonal $504.00 for 20 years would give you extra $32,313.00, assuming a 10% annual return.
DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2021, DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN allocates $137,332.00 to match its employees' contributions, providing an employer match rate of 22.23% of their contributions
DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2021, the total retirement plan asset growth rate of DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN is 19.22%.
DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2021, the estimated aggregate retirement account investment gain/loss for DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN is 13.53%. This measures the effectiveness of the plan participants' investments in the year.
DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN Expense Ratio
In 2021, the investment and administrative expense ratio of DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT PLAN is 0.89%.
Enrollment Features
DUTCH MILLER CHEVROLET CO., INC. 401(K) PROFIT SHARING RETIREMENT 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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