NEW STANDARD CORPORATION RETIREMENT PLAN
Plan Contact
- Address: 74 COMMERCE WAY,YORK,PA
- Contact person: MICHAEL G. LOFTIES
- Phone: (717) 757-9450
Plan General Information
NEW STANDARD CORPORATION RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of NEW STANDARD CORPORATION RETIREMENT PLAN is $16,769,291.00.This plan was established in 1985.
NEW STANDARD CORPORATION RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in NEW STANDARD CORPORATION RETIREMENT PLAN is 396
NEW STANDARD CORPORATION RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for NEW STANDARD CORPORATION RETIREMENT PLAN is $42,346.00
NEW STANDARD CORPORATION RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for NEW STANDARD CORPORATION RETIREMENT PLAN is $2,750.00.
NEW STANDARD CORPORATION RETIREMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in NEW STANDARD CORPORATION RETIREMENT PLAN is approximately $1,006.00
Investing in this additonal $1,006.00 for 20 years would give you extra $64,420.00, assuming a 10% annual return.
Investing in this additonal $1,006.00 for 20 years would give you extra $64,420.00, assuming a 10% annual return.
NEW STANDARD CORPORATION RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2023, NEW STANDARD CORPORATION RETIREMENT PLAN allocates $398,603.00 to match its employees' contributions, providing an employer match rate of 40.25% of their contributions
NEW STANDARD CORPORATION RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of NEW STANDARD CORPORATION RETIREMENT PLAN is 15.96%.
NEW STANDARD CORPORATION RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for NEW STANDARD CORPORATION RETIREMENT PLAN is 19.75%. This measures the effectiveness of the plan participants' investments in the year.
NEW STANDARD CORPORATION RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of NEW STANDARD CORPORATION RETIREMENT PLAN is 0.38%.
Enrollment Features
NEW STANDARD CORPORATION RETIREMENT 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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