MILLER MOTORCARS, INC. 401(K) PLAN

Plan Contact

  • Address: 342 WEST PUTNAM AVENUE,GREENWICH,CT
  • Phone: (203) 629-3890

Plan General Information

MILLER MOTORCARS, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MILLER MOTORCARS, INC. 401(K) PLAN is $19,930,606.00.This plan was established in 1996.

MILLER MOTORCARS, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MILLER MOTORCARS, INC. 401(K) PLAN is 192

MILLER MOTORCARS, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MILLER MOTORCARS, INC. 401(K) PLAN is $103,805.00

MILLER MOTORCARS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MILLER MOTORCARS, INC. 401(K) PLAN is $6,269.00.

MILLER MOTORCARS, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MILLER MOTORCARS, INC. 401(K) PLAN is approximately $3,515.00
Investing in this additonal $3,515.00 for 20 years would give you extra $225,000.00, assuming a 10% annual return.

MILLER MOTORCARS, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, MILLER MOTORCARS, INC. 401(K) PLAN allocates $675,000.00 to match its employees' contributions, providing an employer match rate of 59.00% of their contributions

MILLER MOTORCARS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MILLER MOTORCARS, INC. 401(K) PLAN is 21.42%.

MILLER MOTORCARS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MILLER MOTORCARS, INC. 401(K) PLAN is 15.87%. This measures the effectiveness of the plan participants' investments in the year.

MILLER MOTORCARS, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MILLER MOTORCARS, INC. 401(K) PLAN is 0.40%.

Enrollment Features

MILLER MOTORCARS, 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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