GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN
Plan Contact
- Address: 19109 WEST CATAWBA AVENUE SUITE 110,CORNELIUS,NC
- Contact person: TERESA NANTZ
- Phone: (704) 895-1359
Plan General Information
GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN is $2,867,451.00.This plan was established in 2002.
GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN is 192
GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN is $14,934.00
GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN is $1,236.00.
GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN is approximately $641.00
Investing in this additonal $641.00 for 20 years would give you extra $41,056.00, assuming a 10% annual return.
Investing in this additonal $641.00 for 20 years would give you extra $41,056.00, assuming a 10% annual return.
GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate
In 2022, GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN allocates $123,168.00 to match its employees' contributions, providing an employer match rate of 63.02% of their contributions
GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN is -10.97%.
GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN is -17.53%. This measures the effectiveness of the plan participants' investments in the year.
GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN is 0.59%.
Enrollment Features
GRIFFIN BROS LEASING, INC. RETIREMENT SAVINGS PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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