MOTOWN AUTOMOTIVE DISTRIBUTING
Plan Contact
- Address: 24600 CRESTVIEW COURT,FARMINGTON HILLS,MI
- Contact person: THOMAS SECHRIST
- Phone: (248) 471-7222
Plan General Information
MOTOWN AUTOMOTIVE DISTRIBUTING Total Retirement Plan Assets
At the end of 2009, the total retirement plan assets of MOTOWN AUTOMOTIVE DISTRIBUTING is $1,475,978.00.This plan was established in 2000.
MOTOWN AUTOMOTIVE DISTRIBUTING Total Number of Retirement Plan Participants
At the end of 2009, the total number of retirement plan participants in MOTOWN AUTOMOTIVE DISTRIBUTING is 251
MOTOWN AUTOMOTIVE DISTRIBUTING Average Participant Retirement Account Value
In 2009, the average participant retirement account value for MOTOWN AUTOMOTIVE DISTRIBUTING is $5,880.00
MOTOWN AUTOMOTIVE DISTRIBUTING Estimated Average Employee Contribution Amount
In 2009, the estimated average employee contribution amount per participant for MOTOWN AUTOMOTIVE DISTRIBUTING is $1,307.00.
MOTOWN AUTOMOTIVE DISTRIBUTING Estimated Average Employer Match
In 2009, the estimated average employer match for an employee in MOTOWN AUTOMOTIVE DISTRIBUTING is approximately $101.00
Investing in this additonal $101.00 for 20 years would give you extra $6,484.00, assuming a 10% annual return.
Investing in this additonal $101.00 for 20 years would give you extra $6,484.00, assuming a 10% annual return.
MOTOWN AUTOMOTIVE DISTRIBUTING Total Employer Contribution and Match Rate
In 2009, MOTOWN AUTOMOTIVE DISTRIBUTING allocates $25,432.00 to match its employees' contributions, providing an employer match rate of 15.50% of their contributions
MOTOWN AUTOMOTIVE DISTRIBUTING Total Retirement Plan Asset Growth Rate
In 2009, the total retirement plan asset growth rate of MOTOWN AUTOMOTIVE DISTRIBUTING is 38.75%.
MOTOWN AUTOMOTIVE DISTRIBUTING Estimated Aggregate Retirement Account Investment Gain/Loss
In 2009, the estimated aggregate retirement account investment gain/loss for MOTOWN AUTOMOTIVE DISTRIBUTING is 22.62%. This measures the effectiveness of the plan participants' investments in the year.
MOTOWN AUTOMOTIVE DISTRIBUTING Expense Ratio
In 2009, the investment and administrative expense ratio of MOTOWN AUTOMOTIVE DISTRIBUTING is 0.11%.
Enrollment Features
MOTOWN AUTOMOTIVE DISTRIBUTING 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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