ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN

Plan Contact

  • Address: 1255 OAK ST., PO BOX 1008,ELKHART,IN
  • Contact person: JEFFREY PARKER
  • Phone: (574) 264-3181

Plan General Information

ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN is $2,528,584.00.This plan was established in 2004.

ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN is 171

ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN is $14,787.00

ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN is $618.00.

ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN is approximately $65.00
Investing in this additonal $65.00 for 20 years would give you extra $4,164.00, assuming a 10% annual return.

ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2022, ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN allocates $11,127.00 to match its employees' contributions, providing an employer match rate of 7.13% of their contributions

ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN is -72.00%.

ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN is -15.67%. This measures the effectiveness of the plan participants' investments in the year.

ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN is 0.32%.

Enrollment Features

ELKHART PRODUCTS 401(K) EMPLOYER 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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