FIRST CLASS RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: PO BOX 478,LEWISPORT,KY
  • Contact person: RANDY STROUP
  • Phone: (270) 295-3746

Plan General Information

FIRST CLASS RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of FIRST CLASS RETIREMENT SAVINGS PLAN is $617,602.00.This plan was established in 1993.

FIRST CLASS RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in FIRST CLASS RETIREMENT SAVINGS PLAN is 111

FIRST CLASS RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for FIRST CLASS RETIREMENT SAVINGS PLAN is $5,563.00

FIRST CLASS RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for FIRST CLASS RETIREMENT SAVINGS PLAN is $910.00.

FIRST CLASS RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in FIRST CLASS RETIREMENT SAVINGS PLAN is approximately $378.00
Investing in this additonal $378.00 for 20 years would give you extra $24,253.00, assuming a 10% annual return.

FIRST CLASS RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2022, FIRST CLASS RETIREMENT SAVINGS PLAN allocates $42,065.00 to match its employees' contributions, providing an employer match rate of 39.33% of their contributions

FIRST CLASS RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of FIRST CLASS RETIREMENT SAVINGS PLAN is 0.27%.

FIRST CLASS RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for FIRST CLASS RETIREMENT SAVINGS PLAN is -16.53%. This measures the effectiveness of the plan participants' investments in the year.

FIRST CLASS RETIREMENT SAVINGS PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of FIRST CLASS RETIREMENT SAVINGS PLAN is 1.40%.

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