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.