JEFF SCHMITT AUTO GROUP, INC. 401K PLAN

Plan Contact

  • Address: PO BOX 152,FAIRBORN,OH
  • Phone: (937) 878-3471

Plan General Information

JEFF SCHMITT AUTO GROUP, INC. 401K PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of JEFF SCHMITT AUTO GROUP, INC. 401K PLAN is $7,206,908.00.This plan was established in 2000.

JEFF SCHMITT AUTO GROUP, INC. 401K PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in JEFF SCHMITT AUTO GROUP, INC. 401K PLAN is 341

JEFF SCHMITT AUTO GROUP, INC. 401K PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for JEFF SCHMITT AUTO GROUP, INC. 401K PLAN is $21,134.00

JEFF SCHMITT AUTO GROUP, INC. 401K PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for JEFF SCHMITT AUTO GROUP, INC. 401K PLAN is $2,228.00.

JEFF SCHMITT AUTO GROUP, INC. 401K PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in JEFF SCHMITT AUTO GROUP, INC. 401K PLAN is approximately $389.00
Investing in this additonal $389.00 for 20 years would give you extra $24,906.00, assuming a 10% annual return.

JEFF SCHMITT AUTO GROUP, INC. 401K PLAN Total Employer Contribution and Match Rate

In 2023, JEFF SCHMITT AUTO GROUP, INC. 401K PLAN allocates $132,707.00 to match its employees' contributions, providing an employer match rate of 17.41% of their contributions

JEFF SCHMITT AUTO GROUP, INC. 401K PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of JEFF SCHMITT AUTO GROUP, INC. 401K PLAN is 13.03%.

JEFF SCHMITT AUTO GROUP, INC. 401K PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for JEFF SCHMITT AUTO GROUP, INC. 401K PLAN is 18.35%. This measures the effectiveness of the plan participants' investments in the year.

JEFF SCHMITT AUTO GROUP, INC. 401K PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of JEFF SCHMITT AUTO GROUP, INC. 401K PLAN is 0.52%.

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