TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN

Plan Contact

  • Address: 13912 FM 1730,LUBBOCK,TX
  • Contact person: BRAD RALSTON
  • Phone: (806) 792-2885

Plan General Information

TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN is $19,940,448.00.This plan was established in 2009.

TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN is 499

TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN is $39,960.00

TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN is $2,971.00.

TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN is approximately $1,432.00
Investing in this additonal $1,432.00 for 20 years would give you extra $91,672.00, assuming a 10% annual return.

TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN allocates $714,756.00 to match its employees' contributions, providing an employer match rate of 53.63% of their contributions

TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN is 20.15%.

TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN is 20.08%. This measures the effectiveness of the plan participants' investments in the year.

TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of TRUNO RETAIL TECHNOLOGY SOLUTIONS 401(K) PLAN is 0.73%.

Enrollment Features

TRUNO RETAIL TECHNOLOGY SOLUTIONS 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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