GARDEN SPOT VILLAGE 401(K) PLAN

Overview

Plan Contact

  • Address: 433 SOUTH KINZER AVENUE,NEW HOLLAND,PA
  • Contact person: BRYAN GROFF
  • Phone: (717) 355-6000

Plan General Information


At the end of 2022, the total retirement plan assets of GARDEN SPOT VILLAGE 401(K) PLAN is $14,327,498.This plan was established in 2002.

At the end of 2022, the total number of retirement plan participants in GARDEN SPOT VILLAGE 401(K) PLAN is 381

In 2022, the average participant retirement account value for GARDEN SPOT VILLAGE 401(K) PLAN is $37,604

In 2022, the estimated average employee contribution amount per participant for GARDEN SPOT VILLAGE 401(K) PLAN is $2,244

In 2022, the estimated average employer match for an employee in GARDEN SPOT VILLAGE 401(K) PLAN is approximately $1,426

In 2022, GARDEN SPOT VILLAGE 401(K) PLAN allocates $543,480 to match its employees’ contributions, providing an employer match rate of 63.05% of their contributions

In 2022, the total retirement plan asset growth rate of GARDEN SPOT VILLAGE 401(K) PLAN is -13.33%

In 2022, the estimated aggregate retirement account investment gain/loss for GARDEN SPOT VILLAGE 401(K) PLAN is -14.06%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of GARDEN SPOT VILLAGE 401(K) PLAN is 0.40%.

Enrollment Features

GARDEN SPOT VILLAGE 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.