EARNEST PRODUCTS, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 2000 E LAKE MARY BLVD,SANFORD,FL
  • Phone: (407) 831-1588

Plan General Information


At the end of 2022, the total retirement plan assets of EARNEST PRODUCTS, INC. 401(K) PLAN is $2,186,576.This plan was established in 2006.

At the end of 2022, the total number of retirement plan participants in EARNEST PRODUCTS, INC. 401(K) PLAN is 133

In 2022, the average participant retirement account value for EARNEST PRODUCTS, INC. 401(K) PLAN is $16,440

In 2022, the estimated average employee contribution amount per participant for EARNEST PRODUCTS, INC. 401(K) PLAN is $1,131

In 2022, the estimated average employer match for an employee in EARNEST PRODUCTS, INC. 401(K) PLAN is approximately $1,360

In 2022, EARNEST PRODUCTS, INC. 401(K) PLAN allocates $180,939 to match its employees’ contributions, providing an employer match rate of 117.98% of their contributions

In 2022, the total retirement plan asset growth rate of EARNEST PRODUCTS, INC. 401(K) PLAN is -9.83%

In 2022, the estimated aggregate retirement account investment gain/loss for EARNEST PRODUCTS, INC. 401(K) PLAN is -16.98%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of EARNEST PRODUCTS, INC. 401(K) PLAN is 1.35%.

Enrollment Features

EARNEST PRODUCTS, INC. 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.