NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2
Plan Contact
- Address: PO BOX 534,SOUTH POINT,OH
- Contact person: DARLENE ROPELEWSKI
- Phone: (740) 377-4391
Plan General Information
NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 is $4,950,738.00.This plan was established in 1988.
NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 is 120
NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 Average Participant Retirement Account Value
In 2023, the average participant retirement account value for NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 is $41,256.00
NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 is $1,706.00.
NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 is approximately $601.00
Investing in this additonal $601.00 for 20 years would give you extra $38,491.00, assuming a 10% annual return.
Investing in this additonal $601.00 for 20 years would give you extra $38,491.00, assuming a 10% annual return.
NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 Total Employer Contribution and Match Rate
In 2023, NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 allocates $72,172.00 to match its employees' contributions, providing an employer match rate of 34.10% of their contributions
NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 is -2.09%.
NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 is 10.87%. This measures the effectiveness of the plan participants' investments in the year.
NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 Expense Ratio
In 2023, the investment and administrative expense ratio of NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 is 0.09%.
Enrollment Features
NATIONAL MAINTENANCE & REPAIR, INC. SAVINGS & INVESTMENT PLAN #2 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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