SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST
Plan Contact
- Address: 211 ELLERY COURT,NASHVILLE,TN
- Contact person: JAMES F AUSTIN
- Phone: (615) 366-5858
Plan General Information
SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST Total Retirement Plan Assets
At the end of 2020, the total retirement plan assets of SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST is $5,335,432.00.This plan was established in 1995.
SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST Total Number of Retirement Plan Participants
At the end of 2020, the total number of retirement plan participants in SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST is 127
SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST Average Participant Retirement Account Value
In 2020, the average participant retirement account value for SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST is $42,011.00
SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST Estimated Average Employee Contribution Amount
In 2020, the estimated average employee contribution amount per participant for SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST is $6,011.00.
SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST Estimated Average Employer Match
In 2020, the estimated average employer match for an employee in SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST is approximately $1,226.00
Investing in this additonal $1,226.00 for 20 years would give you extra $78,469.00, assuming a 10% annual return.
Investing in this additonal $1,226.00 for 20 years would give you extra $78,469.00, assuming a 10% annual return.
SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST Total Employer Contribution and Match Rate
In 2020, SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST allocates $155,712.00 to match its employees' contributions, providing an employer match rate of 40.79% of their contributions
SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST Total Retirement Plan Asset Growth Rate
In 2020, the total retirement plan asset growth rate of SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST is 20.35%.
SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2020, the estimated aggregate retirement account investment gain/loss for SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST is 12.09%. This measures the effectiveness of the plan participants' investments in the year.
SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST Expense Ratio
In 2020, the investment and administrative expense ratio of SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST is 0.68%.
Enrollment Features
SOUTHERN HOBBY SUPPLY, INC. 401(K) PROFIT SHARING PLAN & TRUST 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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