DANN MARINE TOWING, L. C. 401(K) PLAN
Overview
Plan Contact
- Address: 299 BOAT YARD ROAD,CHESAPEAKE CITY,MD
- Contact person: DANIELA ELLIOTT
- Phone: (410) 885-5055
Plan General Information
At the end of 2022, the total retirement plan assets of DANN MARINE TOWING, L. C. 401(K) PLAN is $11,489,359.This plan was established in 1972.
At the end of 2022, the total number of retirement plan participants in DANN MARINE TOWING, L. C. 401(K) PLAN is 231
In 2022, the average participant retirement account value for DANN MARINE TOWING, L. C. 401(K) PLAN is $49,737
In 2022, the estimated average employee contribution amount per participant for DANN MARINE TOWING, L. C. 401(K) PLAN is $5,390
In 2022, the estimated average employer match for an employee in DANN MARINE TOWING, L. C. 401(K) PLAN is approximately $2,193
In 2022, DANN MARINE TOWING, L. C. 401(K) PLAN allocates $506,611 to match its employees’ contributions, providing an employer match rate of 46.42% of their contributions
In 2022, the total retirement plan asset growth rate of DANN MARINE TOWING, L. C. 401(K) PLAN is -7.04%
In 2022, the estimated aggregate retirement account investment gain/loss for DANN MARINE TOWING, L. C. 401(K) PLAN is -13.66%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of DANN MARINE TOWING, L. C. 401(K) PLAN is 0.07%.
Enrollment Features
DANN MARINE TOWING, L. C. 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.