SCOT FORGE COMPANY EMPLOYEE STOCK OWNERSHIP PLAN

Plan Contact

  • Address: 8001 WINN ROAD,SPRING GROVE,IL
  • Contact person: LORETTA BOUTOT
  • Phone: (815) 675-4230

Plan General Information

SCOT FORGE COMPANY EMPLOYEE STOCK OWNERSHIP PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SCOT FORGE COMPANY EMPLOYEE STOCK OWNERSHIP PLAN is $1,195,072,662.00.This plan was established in 2001.

SCOT FORGE COMPANY EMPLOYEE STOCK OWNERSHIP PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SCOT FORGE COMPANY EMPLOYEE STOCK OWNERSHIP PLAN is 516

SCOT FORGE COMPANY EMPLOYEE STOCK OWNERSHIP PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SCOT FORGE COMPANY EMPLOYEE STOCK OWNERSHIP PLAN is $2,316,032.00

SCOT FORGE COMPANY EMPLOYEE STOCK OWNERSHIP PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SCOT FORGE COMPANY EMPLOYEE STOCK OWNERSHIP PLAN is approximately $11,303.00
Investing in this additonal $11,303.00 for 20 years would give you extra $723,433.00, assuming a 10% annual return.

SCOT FORGE COMPANY EMPLOYEE STOCK OWNERSHIP PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SCOT FORGE COMPANY EMPLOYEE STOCK OWNERSHIP PLAN is 23.19%.

SCOT FORGE COMPANY EMPLOYEE STOCK OWNERSHIP PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SCOT FORGE COMPANY EMPLOYEE STOCK OWNERSHIP PLAN is 33.14%. This measures the effectiveness of the plan participants' investments in the year.

SCOT FORGE COMPANY EMPLOYEE STOCK OWNERSHIP PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of SCOT FORGE COMPANY EMPLOYEE STOCK OWNERSHIP PLAN is 0.00%.

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