RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST
Plan Contact
- Address: 1021 COMMERCIAL AVE,EAST PETERSBURG,PA
- Contact person: CAROLYN RICHTER
- Phone: (717) 560-9990
Plan General Information
RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST is $13,493,443.00.This plan was established in 1992.
RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST is 189
RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST Average Participant Retirement Account Value
In 2023, the average participant retirement account value for RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST is $71,393.00
RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST is $2,337.00.
RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST is approximately $1,235.00
Investing in this additonal $1,235.00 for 20 years would give you extra $79,094.00, assuming a 10% annual return.
Investing in this additonal $1,235.00 for 20 years would give you extra $79,094.00, assuming a 10% annual return.
RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST Total Employer Contribution and Match Rate
In 2023, RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST allocates $233,576.00 to match its employees' contributions, providing an employer match rate of 52.32% of their contributions
RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST is 21.06%.
RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST is 27.01%. This measures the effectiveness of the plan participants' investments in the year.
RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST Expense Ratio
In 2023, the investment and administrative expense ratio of RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST is 0.00%.
Enrollment Features
RICHTER PRECISION INC 401(K) PROFIT SHARING PLAN & TRUST 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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