SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN

Plan Contact

  • Address: PO BOX 615,MANCHESTER,ME
  • Contact person: REID LANPHER
  • Phone: (207) 622-0672

Plan General Information

SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN is $33,285,336.00.This plan was established in 2021.

SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN is 121

SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN is $275,085.00

SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN is $6,817.00.

SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN is approximately $1,802.00
Investing in this additonal $1,802.00 for 20 years would give you extra $115,335.00, assuming a 10% annual return.

SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN Total Employer Contribution and Match Rate

In 2023, SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN allocates $218,056.00 to match its employees' contributions, providing an employer match rate of 52.87% of their contributions

SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN is 46.10%.

SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN is 42.69%. This measures the effectiveness of the plan participants' investments in the year.

SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of SCOTT'S RECREATION EMPLOYEE STOCK OWNERSHIP PLAN is 0.04%.

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