RETIREMENT SAVINGS CONTRIBUTION PLAN

Plan Contact

  • Address: 811 MADISON AVENUE,TOLEDO,OH
  • Contact person: ROBERTA WEISZ
  • Phone: (419) 247-3731

Plan General Information

RETIREMENT SAVINGS CONTRIBUTION PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of RETIREMENT SAVINGS CONTRIBUTION PLAN is $39,382,290.00.This plan was established in 1985.

RETIREMENT SAVINGS CONTRIBUTION PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in RETIREMENT SAVINGS CONTRIBUTION PLAN is 1072

RETIREMENT SAVINGS CONTRIBUTION PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for RETIREMENT SAVINGS CONTRIBUTION PLAN is $36,737.00

RETIREMENT SAVINGS CONTRIBUTION PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for RETIREMENT SAVINGS CONTRIBUTION PLAN is $1,279.00.

RETIREMENT SAVINGS CONTRIBUTION PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in RETIREMENT SAVINGS CONTRIBUTION PLAN is approximately $1,336.00
Investing in this additonal $1,336.00 for 20 years would give you extra $85,509.00, assuming a 10% annual return.

RETIREMENT SAVINGS CONTRIBUTION PLAN Total Employer Contribution and Match Rate

In 2023, RETIREMENT SAVINGS CONTRIBUTION PLAN allocates $1,432,288.00 to match its employees' contributions, providing an employer match rate of 102.42% of their contributions

RETIREMENT SAVINGS CONTRIBUTION PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of RETIREMENT SAVINGS CONTRIBUTION PLAN is 11.36%.

RETIREMENT SAVINGS CONTRIBUTION PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for RETIREMENT SAVINGS CONTRIBUTION PLAN is 13.03%. This measures the effectiveness of the plan participants' investments in the year.

RETIREMENT SAVINGS CONTRIBUTION PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of RETIREMENT SAVINGS CONTRIBUTION PLAN is 0.13%.

Enrollment Features

RETIREMENT SAVINGS CONTRIBUTION PLAN 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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