THE FIRST TOOL CORPORATION RETIREMENT
Plan Contact
- Address: 3327 ELKTON AVENUE,DAYTON,OH
- Contact person: DARIN HOOPS
- Phone: (937) 254-6197
Plan General Information
THE FIRST TOOL CORPORATION RETIREMENT Total Retirement Plan Assets
At the end of 2020, the total retirement plan assets of THE FIRST TOOL CORPORATION RETIREMENT is $8,449,389.00.This plan was established in 1984.
THE FIRST TOOL CORPORATION RETIREMENT Total Number of Retirement Plan Participants
At the end of 2020, the total number of retirement plan participants in THE FIRST TOOL CORPORATION RETIREMENT is 146
THE FIRST TOOL CORPORATION RETIREMENT Average Participant Retirement Account Value
In 2020, the average participant retirement account value for THE FIRST TOOL CORPORATION RETIREMENT is $57,872.00
THE FIRST TOOL CORPORATION RETIREMENT Estimated Average Employee Contribution Amount
In 2020, the estimated average employee contribution amount per participant for THE FIRST TOOL CORPORATION RETIREMENT is $5,590.00.
THE FIRST TOOL CORPORATION RETIREMENT Estimated Average Employer Match
In 2020, the estimated average employer match for an employee in THE FIRST TOOL CORPORATION RETIREMENT is approximately $1,112.00
Investing in this additonal $1,112.00 for 20 years would give you extra $71,201.00, assuming a 10% annual return.
Investing in this additonal $1,112.00 for 20 years would give you extra $71,201.00, assuming a 10% annual return.
THE FIRST TOOL CORPORATION RETIREMENT Total Employer Contribution and Match Rate
In 2020, THE FIRST TOOL CORPORATION RETIREMENT allocates $162,429.00 to match its employees' contributions, providing an employer match rate of 39.80% of their contributions
THE FIRST TOOL CORPORATION RETIREMENT Total Retirement Plan Asset Growth Rate
In 2020, the total retirement plan asset growth rate of THE FIRST TOOL CORPORATION RETIREMENT is 19.84%.
THE FIRST TOOL CORPORATION RETIREMENT Estimated Aggregate Retirement Account Investment Gain/Loss
In 2020, the estimated aggregate retirement account investment gain/loss for THE FIRST TOOL CORPORATION RETIREMENT is 16.96%. This measures the effectiveness of the plan participants' investments in the year.
THE FIRST TOOL CORPORATION RETIREMENT Expense Ratio
In 2020, the investment and administrative expense ratio of THE FIRST TOOL CORPORATION RETIREMENT is 0.04%.
Enrollment Features
THE FIRST TOOL CORPORATION RETIREMENT 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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