WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: 2101 PERIMETER ROAD,MOBILE,AL
  • Contact person: TRAVIS WESLEY WRIGHT
  • Phone: (251) 433-5616

Plan General Information

WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN is $4,119,584.00.This plan was established in 2022.

WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN is 129

WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN is $31,934.00

WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN is $1,347.00.

WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN is approximately $536.00
Investing in this additonal $536.00 for 20 years would give you extra $34,363.00, assuming a 10% annual return.

WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2021, WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN allocates $69,263.00 to match its employees' contributions, providing an employer match rate of 39.86% of their contributions

WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN is 7.41%.

WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN is 9.31%. This measures the effectiveness of the plan participants' investments in the year.

WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING PLAN is 0.00%.

Enrollment Features

WARD INTERNATIONAL TRUCKS, INC. 401(K) PROFIT SHARING 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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