MAINSAIL GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST

Overview

Plan Contact

  • Address: 200 HANSCOM DR STE 121,BEDFORD,MA
  • Contact person: KAREN JOYAL
  • Phone: (508) 745-3195

Plan General Information


At the end of 2022, the total retirement plan assets of MAINSAIL GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST is $4,411,144.This plan was established in 2015.

At the end of 2022, the total number of retirement plan participants in MAINSAIL GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST is 196

In 2022, the average participant retirement account value for MAINSAIL GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST is $22,505

In 2022, the estimated average employee contribution amount per participant for MAINSAIL GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST is $13,790

In 2022, the estimated average employer match for an employee in MAINSAIL GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST is approximately $2,457

In 2022, MAINSAIL GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST allocates $481,659 to match its employees’ contributions, providing an employer match rate of 35.64% of their contributions

In 2022, the total retirement plan asset growth rate of MAINSAIL GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST is 26.28%

In 2022, the estimated aggregate retirement account investment gain/loss for MAINSAIL GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST is -16.23%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MAINSAIL GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST is 0.34%.

Enrollment Features

MAINSAIL GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.