MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN

Plan Contact

  • Address: 3512 BILL SMITH DRIVE,MURFREESBORO,TN
  • Contact person: ANDREW BENEFIELD
  • Phone: (615) 890-6368

Plan General Information

MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN is $9,306,779.00.This plan was established in 1974.

MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN is 112

MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN is $83,096.00

MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN is $3,879.00.

MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN is approximately $2,319.00
Investing in this additonal $2,319.00 for 20 years would give you extra $148,475.00, assuming a 10% annual return.

MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2023, MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN allocates $259,832.00 to match its employees' contributions, providing an employer match rate of 59.27% of their contributions

MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN is 23.41%.

MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN is 14.90%. This measures the effectiveness of the plan participants' investments in the year.

MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MID-SOUTH BUS CENTER, INC. PROFIT SHARING PLAN is 0.02%.

Enrollment Features

MID-SOUTH BUS CENTER, INC. PROFIT SHARING 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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