TT OF LAKE NORMAN, LLC DBA LAKE NORMAN CHRYSLER JEEP DODGE 401(K) PLAN

Plan Contact

  • Address: 20700 TORRENCE CHAPEL RD. PO BOX 45,CORNELIUS,NC
  • Contact person: CHRISTOPHER HULSE
  • Phone: (704) 896-3802

Plan General Information

TT OF LAKE NORMAN, LLC DBA LAKE NORMAN CHRYSLER JEEP DODGE 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of TT OF LAKE NORMAN, LLC DBA LAKE NORMAN CHRYSLER JEEP DODGE 401(K) PLAN is $1,703,717.00.This plan was established in 2008.

TT OF LAKE NORMAN, LLC DBA LAKE NORMAN CHRYSLER JEEP DODGE 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in TT OF LAKE NORMAN, LLC DBA LAKE NORMAN CHRYSLER JEEP DODGE 401(K) PLAN is 121

TT OF LAKE NORMAN, LLC DBA LAKE NORMAN CHRYSLER JEEP DODGE 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for TT OF LAKE NORMAN, LLC DBA LAKE NORMAN CHRYSLER JEEP DODGE 401(K) PLAN is $14,080.00

TT OF LAKE NORMAN, LLC DBA LAKE NORMAN CHRYSLER JEEP DODGE 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for TT OF LAKE NORMAN, LLC DBA LAKE NORMAN CHRYSLER JEEP DODGE 401(K) PLAN is $1,345.00.

TT OF LAKE NORMAN, LLC DBA LAKE NORMAN CHRYSLER JEEP DODGE 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of TT OF LAKE NORMAN, LLC DBA LAKE NORMAN CHRYSLER JEEP DODGE 401(K) PLAN is -41.35%.

TT OF LAKE NORMAN, LLC DBA LAKE NORMAN CHRYSLER JEEP DODGE 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for TT OF LAKE NORMAN, LLC DBA LAKE NORMAN CHRYSLER JEEP DODGE 401(K) PLAN is -18.09%. This measures the effectiveness of the plan participants' investments in the year.

TT OF LAKE NORMAN, LLC DBA LAKE NORMAN CHRYSLER JEEP DODGE 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of TT OF LAKE NORMAN, LLC DBA LAKE NORMAN CHRYSLER JEEP DODGE 401(K) PLAN is 0.49%.

Enrollment Features

TT OF LAKE NORMAN, LLC DBA LAKE NORMAN CHRYSLER JEEP DODGE 401(K) PLAN 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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