MOHAWK GLOBAL LOGISTICS 401(K) PLAN

Plan Contact

  • Address: PO BOX 3065,SYRACUSE,NY
  • Contact person: MATT LUMIA
  • Phone: (315) 552-5408

Plan General Information

MOHAWK GLOBAL LOGISTICS 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MOHAWK GLOBAL LOGISTICS 401(K) PLAN is $17,442,692.00.This plan was established in 2004.

MOHAWK GLOBAL LOGISTICS 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MOHAWK GLOBAL LOGISTICS 401(K) PLAN is 343

MOHAWK GLOBAL LOGISTICS 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MOHAWK GLOBAL LOGISTICS 401(K) PLAN is $50,853.00

MOHAWK GLOBAL LOGISTICS 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MOHAWK GLOBAL LOGISTICS 401(K) PLAN is $7,239.00.

MOHAWK GLOBAL LOGISTICS 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MOHAWK GLOBAL LOGISTICS 401(K) PLAN is approximately $1,454.00
Investing in this additonal $1,454.00 for 20 years would give you extra $93,113.00, assuming a 10% annual return.

MOHAWK GLOBAL LOGISTICS 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, MOHAWK GLOBAL LOGISTICS 401(K) PLAN allocates $499,031.00 to match its employees' contributions, providing an employer match rate of 24.14% of their contributions

MOHAWK GLOBAL LOGISTICS 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MOHAWK GLOBAL LOGISTICS 401(K) PLAN is 35.45%.

MOHAWK GLOBAL LOGISTICS 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MOHAWK GLOBAL LOGISTICS 401(K) PLAN is 18.88%. This measures the effectiveness of the plan participants' investments in the year.

MOHAWK GLOBAL LOGISTICS 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MOHAWK GLOBAL LOGISTICS 401(K) PLAN is 0.34%.

Enrollment Features

MOHAWK GLOBAL LOGISTICS 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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