MARTIN CAR FINANCING, INC. 401(K) PLAN

Plan Contact

  • Address: 3150 MILTON MARTIN TOYOTA WAY,GAINESVILLE,GA
  • Contact person: MICHAEL C. MARTIN
  • Phone: (770) 532-4355

Plan General Information

MARTIN CAR FINANCING, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of MARTIN CAR FINANCING, INC. 401(K) PLAN is $6,575,626.00.This plan was established in 2001.

MARTIN CAR FINANCING, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in MARTIN CAR FINANCING, INC. 401(K) PLAN is 178

MARTIN CAR FINANCING, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for MARTIN CAR FINANCING, INC. 401(K) PLAN is $36,941.00

MARTIN CAR FINANCING, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for MARTIN CAR FINANCING, INC. 401(K) PLAN is $6,032.00.

MARTIN CAR FINANCING, INC. 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in MARTIN CAR FINANCING, INC. 401(K) PLAN is approximately $523.00
Investing in this additonal $523.00 for 20 years would give you extra $33,515.00, assuming a 10% annual return.

MARTIN CAR FINANCING, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, MARTIN CAR FINANCING, INC. 401(K) PLAN allocates $93,214.00 to match its employees' contributions, providing an employer match rate of 17.36% of their contributions

MARTIN CAR FINANCING, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of MARTIN CAR FINANCING, INC. 401(K) PLAN is -15.11%.

MARTIN CAR FINANCING, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for MARTIN CAR FINANCING, INC. 401(K) PLAN is -17.12%. This measures the effectiveness of the plan participants' investments in the year.

MARTIN CAR FINANCING, INC. 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of MARTIN CAR FINANCING, INC. 401(K) PLAN is 0.03%.

Enrollment Features

MARTIN CAR FINANCING, INC. 401(K) 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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