OLD NATIONAL BANK POOLED EMPLOYER PLAN

Plan Contact

  • Address: PO BOX 207,EVANSVILLE,IN
  • Contact person: ROBERT LEES
  • Phone: (812) 465-7275

Plan General Information

OLD NATIONAL BANK POOLED EMPLOYER PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of OLD NATIONAL BANK POOLED EMPLOYER PLAN is $36,640,110.00.This plan was established in 2021.

OLD NATIONAL BANK POOLED EMPLOYER PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in OLD NATIONAL BANK POOLED EMPLOYER PLAN is 1086

OLD NATIONAL BANK POOLED EMPLOYER PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for OLD NATIONAL BANK POOLED EMPLOYER PLAN is $33,738.00

OLD NATIONAL BANK POOLED EMPLOYER PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for OLD NATIONAL BANK POOLED EMPLOYER PLAN is $4,968.00.

OLD NATIONAL BANK POOLED EMPLOYER PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in OLD NATIONAL BANK POOLED EMPLOYER PLAN is approximately $931.00
Investing in this additonal $931.00 for 20 years would give you extra $59,590.00, assuming a 10% annual return.

OLD NATIONAL BANK POOLED EMPLOYER PLAN Total Employer Contribution and Match Rate

In 2023, OLD NATIONAL BANK POOLED EMPLOYER PLAN allocates $1,011,177.00 to match its employees' contributions, providing an employer match rate of 37.48% of their contributions

OLD NATIONAL BANK POOLED EMPLOYER PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of OLD NATIONAL BANK POOLED EMPLOYER PLAN is 21.84%.

OLD NATIONAL BANK POOLED EMPLOYER PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for OLD NATIONAL BANK POOLED EMPLOYER PLAN is 18.19%. This measures the effectiveness of the plan participants' investments in the year.

OLD NATIONAL BANK POOLED EMPLOYER PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of OLD NATIONAL BANK POOLED EMPLOYER PLAN is 0.47%.

Enrollment Features

OLD NATIONAL BANK POOLED EMPLOYER 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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