TAG MANUFACTURING, INC. 401(K) PLAN

Plan Contact

  • Address: 6989 DISCOVERY DRIVE,CHATTANOOGA,TN
  • Contact person: DARIN GYOMORY
  • Phone: (423) 893-3345

Plan General Information

TAG MANUFACTURING, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of TAG MANUFACTURING, INC. 401(K) PLAN is $5,146,697.00.This plan was established in 2016.

TAG MANUFACTURING, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in TAG MANUFACTURING, INC. 401(K) PLAN is 292

TAG MANUFACTURING, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for TAG MANUFACTURING, INC. 401(K) PLAN is $17,625.00

TAG MANUFACTURING, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for TAG MANUFACTURING, INC. 401(K) PLAN is $2,185.00.

TAG MANUFACTURING, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in TAG MANUFACTURING, INC. 401(K) PLAN is approximately $1,153.00
Investing in this additonal $1,153.00 for 20 years would give you extra $73,848.00, assuming a 10% annual return.

TAG MANUFACTURING, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, TAG MANUFACTURING, INC. 401(K) PLAN allocates $336,932.00 to match its employees' contributions, providing an employer match rate of 57.09% of their contributions

TAG MANUFACTURING, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of TAG MANUFACTURING, INC. 401(K) PLAN is 27.46%.

TAG MANUFACTURING, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for TAG MANUFACTURING, INC. 401(K) PLAN is 15.30%. This measures the effectiveness of the plan participants' investments in the year.

TAG MANUFACTURING, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of TAG MANUFACTURING, INC. 401(K) PLAN is 0.60%.

Enrollment Features

TAG MANUFACTURING, INC. 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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