SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES

Plan Contact

  • Address: 330 SOUTH FOURTH STREET,RICHMOND,VA
  • Phone: (804) 788-5000

Plan General Information

SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES is $507,942,284.00.This plan was established in 1961.

SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES is 1347

SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES is $377,091.00

SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES is $9,776.00.

SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES is approximately $3,856.00
Investing in this additonal $3,856.00 for 20 years would give you extra $246,847.00, assuming a 10% annual return.

SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES Total Employer Contribution and Match Rate

In 2023, SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES allocates $5,195,365.00 to match its employees' contributions, providing an employer match rate of 39.53% of their contributions

SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES is 24.68%.

SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES is 32.64%. This measures the effectiveness of the plan participants' investments in the year.

SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES Expense Ratio

In 2023, the investment and administrative expense ratio of SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES is 0.00%.

Enrollment Features

SAVINGS PLAN FOR EMPLOYEES OF NEWMARKET CORPORATION AND AFFILIATES 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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