INTERNATIONAL CARS EMPLOYEE STOCK OWNERSHIP PLAN

Plan Contact

  • Address: 382 NEWBURY STREET,DANVERS,MA
  • Contact person: ERICA NICHOLAS
  • Phone: (978) 539-5000

Plan General Information

INTERNATIONAL CARS EMPLOYEE STOCK OWNERSHIP PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of INTERNATIONAL CARS EMPLOYEE STOCK OWNERSHIP PLAN is $30,061,221.00.This plan was established in 2000.

INTERNATIONAL CARS EMPLOYEE STOCK OWNERSHIP PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in INTERNATIONAL CARS EMPLOYEE STOCK OWNERSHIP PLAN is 417

INTERNATIONAL CARS EMPLOYEE STOCK OWNERSHIP PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for INTERNATIONAL CARS EMPLOYEE STOCK OWNERSHIP PLAN is $72,089.00

INTERNATIONAL CARS EMPLOYEE STOCK OWNERSHIP PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in INTERNATIONAL CARS EMPLOYEE STOCK OWNERSHIP PLAN is approximately $2,310.00
Investing in this additonal $2,310.00 for 20 years would give you extra $147,845.00, assuming a 10% annual return.

INTERNATIONAL CARS EMPLOYEE STOCK OWNERSHIP PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of INTERNATIONAL CARS EMPLOYEE STOCK OWNERSHIP PLAN is 38.47%.

INTERNATIONAL CARS EMPLOYEE STOCK OWNERSHIP PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for INTERNATIONAL CARS EMPLOYEE STOCK OWNERSHIP PLAN is 37.85%. This measures the effectiveness of the plan participants' investments in the year.

INTERNATIONAL CARS EMPLOYEE STOCK OWNERSHIP PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of INTERNATIONAL CARS EMPLOYEE STOCK OWNERSHIP PLAN is 0.01%.

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