IRWIN CAR AND EQUIPMENT 401(K) PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: P.O. BOX 409,IRWIN,PA
  • Contact person: WILLIAM BAKER
  • Phone: (724) 864-8900

Plan General Information


At the end of 2022, the total retirement plan assets of IRWIN CAR AND EQUIPMENT 401(K) PROFIT SHARING PLAN is $12,992,613.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in IRWIN CAR AND EQUIPMENT 401(K) PROFIT SHARING PLAN is 172

In 2022, the average participant retirement account value for IRWIN CAR AND EQUIPMENT 401(K) PROFIT SHARING PLAN is $75,538

In 2022, the estimated average employee contribution amount per participant for IRWIN CAR AND EQUIPMENT 401(K) PROFIT SHARING PLAN is $2,546

In 2022, the estimated average employer match for an employee in IRWIN CAR AND EQUIPMENT 401(K) PROFIT SHARING PLAN is approximately $2,077

In 2022, IRWIN CAR AND EQUIPMENT 401(K) PROFIT SHARING PLAN allocates $357,291 to match its employees’ contributions, providing an employer match rate of 79.50% of their contributions

In 2022, the total retirement plan asset growth rate of IRWIN CAR AND EQUIPMENT 401(K) PROFIT SHARING PLAN is -18.89%

In 2022, the estimated aggregate retirement account investment gain/loss for IRWIN CAR AND EQUIPMENT 401(K) PROFIT SHARING PLAN is -19.64%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of IRWIN CAR AND EQUIPMENT 401(K) PROFIT SHARING PLAN is 0.35%.

Enrollment Features

IRWIN CAR AND EQUIPMENT 401(K) PROFIT SHARING 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.