PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING

Plan Contact

  • Address: 201 SOUTH 4TH STREET,PADUCAH,KY
  • Contact person: ERIC RUDOLPH
  • Phone: (270) 575-8615

Plan General Information

PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING is $50,579,696.00.This plan was established in 1982.

PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING is 1828

PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING Average Participant Retirement Account Value

In 2022, the average participant retirement account value for PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING is $27,669.00

PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING is $1,211.00.

PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING is approximately $510.00
Investing in this additonal $510.00 for 20 years would give you extra $32,702.00, assuming a 10% annual return.

PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING Total Employer Contribution and Match Rate

In 2022, PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING allocates $934,077.00 to match its employees' contributions, providing an employer match rate of 46.34% of their contributions

PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING is -24.37%.

PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING is -20.09%. This measures the effectiveness of the plan participants' investments in the year.

PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING Expense Ratio

In 2022, the investment and administrative expense ratio of PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING is 0.02%.

Enrollment Features

PAXTON MEDIA GROUP LLC EMPLOYEE RETIREMENT SAVING 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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