ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN
Plan Contact
- Address: 10200 DAVID TAYLOR DRIVE,CHARLOTTE,NC
- Contact person: RONALD ZAJACZKOWSKI
- Phone: (980) 236-2000
Plan General Information
ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN is $455,803,019.00.This plan was established in 1975.
ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN is 3818
ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN is $119,382.00
ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN is $4,790.00.
ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN is approximately $8,441.00
Investing in this additonal $8,441.00 for 20 years would give you extra $540,262.00, assuming a 10% annual return.
Investing in this additonal $8,441.00 for 20 years would give you extra $540,262.00, assuming a 10% annual return.
ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate
In 2023, ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN allocates $32,230,057.00 to match its employees' contributions, providing an employer match rate of 183.11% of their contributions
ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN is 19.84%.
ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN is 20.53%. This measures the effectiveness of the plan participants' investments in the year.
ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN is 0.04%.
Enrollment Features
ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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