GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST

Plan Contact

  • Address: 7001 PERIMETER RD S,SEATTLE,WA
  • Contact person: ANGELINA OFFIELD
  • Phone: (206) 763-9706

Plan General Information

GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST is $512,375.00.This plan was established in 2015.

GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST is 158

GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST Average Participant Retirement Account Value

In 2022, the average participant retirement account value for GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST is $3,242.00

GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST is $735.00.

GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST is approximately $290.00
Investing in this additonal $290.00 for 20 years would give you extra $18,602.00, assuming a 10% annual return.

GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST Total Employer Contribution and Match Rate

In 2022, GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST allocates $45,924.00 to match its employees' contributions, providing an employer match rate of 43.35% of their contributions

GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST is -0.89%.

GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST is -17.21%. This measures the effectiveness of the plan participants' investments in the year.

GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST Expense Ratio

In 2022, the investment and administrative expense ratio of GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST is 1.72%.

Enrollment Features

GALVIN FLIGHT TRAINING LLC 401(K) PROFIT SHARING PLAN & TRUST 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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