SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN
Plan Contact
- Address: 20340 HAWTHORNE BLVD,TORRANCE,CA
- Contact person: JEFFREY ROBINSON
- Phone: (310) 371-3521
Plan General Information
SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN is $12,131,952.00.This plan was established in 1991.
SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN is 275
SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN is $44,116.00
SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN is $2,345.00.
SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN is approximately $345.00
Investing in this additonal $345.00 for 20 years would give you extra $22,108.00, assuming a 10% annual return.
Investing in this additonal $345.00 for 20 years would give you extra $22,108.00, assuming a 10% annual return.
SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate
In 2023, SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN allocates $94,999.00 to match its employees' contributions, providing an employer match rate of 13.87% of their contributions
SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN is 11.77%.
SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN is 13.60%. This measures the effectiveness of the plan participants' investments in the year.
SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS PLAN is 0.36%.
Enrollment Features
SCOTT ROBINSON HONDA, CHRYSLER, DODGE, JEEP, RAM 401(K) RETIREMENT SAVINGS 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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