MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN
Plan Contact
- Address: 179 COMMERCE DR.,,LOVELAND,OH
- Phone: (513) 761-1111
Plan General Information
MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN is $13,185,529.00.This plan was established in 1994.
MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN is 363
MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN is $36,323.00
MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN is $3,478.00.
MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN is approximately $290.00
Investing in this additonal $290.00 for 20 years would give you extra $18,601.00, assuming a 10% annual return.
Investing in this additonal $290.00 for 20 years would give you extra $18,601.00, assuming a 10% annual return.
MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2023, MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN allocates $105,508.00 to match its employees' contributions, providing an employer match rate of 8.78% of their contributions
MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN is 27.46%.
MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN is 17.34%. This measures the effectiveness of the plan participants' investments in the year.
MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING PLAN is 0.37%.
Enrollment Features
MCCLUSKEY CHEVROLET, INC. 401(K) PROFIT SHARING 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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