SCHUMACHER HOMES, INC. 401(K) PLAN
Plan Contact
- Address: 2715 WISE AVENUE, NW,CANTON,OH
- Contact person: LAURA GOOD
- Phone: (330) 754-4923
Plan General Information
SCHUMACHER HOMES, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of SCHUMACHER HOMES, INC. 401(K) PLAN is $31,006,212.00.This plan was established in 1998.
SCHUMACHER HOMES, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in SCHUMACHER HOMES, INC. 401(K) PLAN is 477
SCHUMACHER HOMES, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for SCHUMACHER HOMES, INC. 401(K) PLAN is $65,002.00
SCHUMACHER HOMES, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for SCHUMACHER HOMES, INC. 401(K) PLAN is $5,776.00.
SCHUMACHER HOMES, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in SCHUMACHER HOMES, INC. 401(K) PLAN is approximately $1,714.00
Investing in this additonal $1,714.00 for 20 years would give you extra $109,704.00, assuming a 10% annual return.
Investing in this additonal $1,714.00 for 20 years would give you extra $109,704.00, assuming a 10% annual return.
SCHUMACHER HOMES, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, SCHUMACHER HOMES, INC. 401(K) PLAN allocates $817,644.00 to match its employees' contributions, providing an employer match rate of 31.78% of their contributions
SCHUMACHER HOMES, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of SCHUMACHER HOMES, INC. 401(K) PLAN is 25.01%.
SCHUMACHER HOMES, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for SCHUMACHER HOMES, INC. 401(K) PLAN is 17.60%. This measures the effectiveness of the plan participants' investments in the year.
SCHUMACHER HOMES, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of SCHUMACHER HOMES, INC. 401(K) PLAN is 0.36%.
Enrollment Features
SCHUMACHER HOMES, INC. 401(K) 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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