CIMARRON LABEL 401(K) PLAN
Overview
Plan Contact
- Address: 4201 N WESTPORT,SIOUX FALLS,SD
- Contact person: A. J. VELASQUEZ
- Phone: (605) 978-0451
Plan General Information
At the end of 2022, the total retirement plan assets of CIMARRON LABEL 401(K) PLAN is $12,445,745.This plan was established in 1999.
At the end of 2022, the total number of retirement plan participants in CIMARRON LABEL 401(K) PLAN is 252
In 2022, the average participant retirement account value for CIMARRON LABEL 401(K) PLAN is $49,387
In 2022, the estimated average employee contribution amount per participant for CIMARRON LABEL 401(K) PLAN is $3,679
In 2022, the estimated average employer match for an employee in CIMARRON LABEL 401(K) PLAN is approximately $1,450
In 2022, CIMARRON LABEL 401(K) PLAN allocates $365,485 to match its employees’ contributions, providing an employer match rate of 43.37% of their contributions
In 2022, the total retirement plan asset growth rate of CIMARRON LABEL 401(K) PLAN is -8.99%
In 2022, the estimated aggregate retirement account investment gain/loss for CIMARRON LABEL 401(K) PLAN is -17.81%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of CIMARRON LABEL 401(K) PLAN is 0.31%.
Enrollment Features
CIMARRON LABEL 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.