INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN
Plan Contact
- Address: 1635 SOUTH 300 WEST,SALT LAKE CITY,UT
- Contact person: ANDREW WARD
- Phone: (801) 484-8644
Plan General Information
INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN is $13,510,373.00.This plan was established in 1984.
INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN is 187
INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN is $72,247.00
INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN is $3,552.00.
INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN is approximately $1,481.00
Investing in this additonal $1,481.00 for 20 years would give you extra $94,814.00, assuming a 10% annual return.
Investing in this additonal $1,481.00 for 20 years would give you extra $94,814.00, assuming a 10% annual return.
INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN allocates $277,036.00 to match its employees' contributions, providing an employer match rate of 42.38% of their contributions
INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN is 15.60%.
INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN is 21.47%. This measures the effectiveness of the plan participants' investments in the year.
INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of INDUSTRIAL SUPPLY COMPANY, INC. 401(K) PLAN is 0.13%.
Enrollment Features
INDUSTRIAL SUPPLY COMPANY, INC. 401(K) 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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