GAS STATION TV 401(K) PLAN

Overview

Plan Contact

  • Address: 1201 WOODWARD AVENUE,DETROIT,MI
  • Contact person: AMY RATLIFF
  • Phone: (248) 581-3008

Plan General Information


At the end of 2021, the total retirement plan assets of GAS STATION TV 401(K) PLAN is $6,234,606.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in GAS STATION TV 401(K) PLAN is 124

In 2021, the average participant retirement account value for GAS STATION TV 401(K) PLAN is $50,279

In 2021, the estimated average employee contribution amount per participant for GAS STATION TV 401(K) PLAN is $7,561

In 2021, the estimated average employer match for an employee in GAS STATION TV 401(K) PLAN is approximately $3,987

In 2021, GAS STATION TV 401(K) PLAN allocates $494,472 to match its employees’ contributions, providing an employer match rate of 52.74% of their contributions

In 2021, the total retirement plan asset growth rate of GAS STATION TV 401(K) PLAN is 26.03%

In 2021, the estimated aggregate retirement account investment gain/loss for GAS STATION TV 401(K) PLAN is 14.81%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of GAS STATION TV 401(K) PLAN is 0.23%.

Enrollment Features

GAS STATION TV 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.