KARMAK, INC. 401(K) PROFIT SHARING PLAN AND TRUST
Overview
Plan Contact
- Address: P.O. BOX 680,CARLINVILLE,IL
- Contact person: JOHN SCOTT SIMPSON
- Phone: (217) 854-4721
Plan General Information
At the end of 2022, the total retirement plan assets of KARMAK, INC. 401(K) PROFIT SHARING PLAN AND TRUST is $22,100,020.This plan was established in 1990.
At the end of 2022, the total number of retirement plan participants in KARMAK, INC. 401(K) PROFIT SHARING PLAN AND TRUST is 325
In 2022, the average participant retirement account value for KARMAK, INC. 401(K) PROFIT SHARING PLAN AND TRUST is $68,000
In 2022, the estimated average employee contribution amount per participant for KARMAK, INC. 401(K) PROFIT SHARING PLAN AND TRUST is $3,842
In 2022, the estimated average employer match for an employee in KARMAK, INC. 401(K) PROFIT SHARING PLAN AND TRUST is approximately $721
In 2022, KARMAK, INC. 401(K) PROFIT SHARING PLAN AND TRUST allocates $234,536 to match its employees’ contributions, providing an employer match rate of 18.50% of their contributions
In 2022, the total retirement plan asset growth rate of KARMAK, INC. 401(K) PROFIT SHARING PLAN AND TRUST is -24.16%
In 2022, the estimated aggregate retirement account investment gain/loss for KARMAK, INC. 401(K) PROFIT SHARING PLAN AND TRUST is -15.68%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of KARMAK, INC. 401(K) PROFIT SHARING PLAN AND TRUST is 0.34%.