MAHINDRA USA, INC 401(K) PROFIT SHARING PLAN & TRUST

At the end of 2022, the total retirement plan assets of MAHINDRA USA, INC 401(K) PROFIT SHARING PLAN & TRUST is $5,293,783.This plan was established in 1998.

At the end of 2022, the total number of retirement plan participants in MAHINDRA USA, INC 401(K) PROFIT SHARING PLAN & TRUST is 226

In 2022, the average participant retirement account value for MAHINDRA USA, INC 401(K) PROFIT SHARING PLAN & TRUST is $23,423

In 2022, the estimated average employee contribution amount per participant for MAHINDRA USA, INC 401(K) PROFIT SHARING PLAN & TRUST is $3,144

In 2022, the estimated average employer match for an employee in MAHINDRA USA, INC 401(K) PROFIT SHARING PLAN & TRUST is approximately $1,483

In 2022, MAHINDRA USA, INC 401(K) PROFIT SHARING PLAN & TRUST allocates $335,368 to match its employees’ contributions, providing an employer match rate of 52.15% of their contributions

In 2022, the total retirement plan asset growth rate of MAHINDRA USA, INC 401(K) PROFIT SHARING PLAN & TRUST is -24.52%

In 2022, the estimated aggregate retirement account investment gain/loss for MAHINDRA USA, INC 401(K) PROFIT SHARING PLAN & TRUST is -17.22%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MAHINDRA USA, INC 401(K) PROFIT SHARING PLAN & TRUST is 0.65%.

Enrollment Features

MAHINDRA USA, INC 401(K) PROFIT SHARING PLAN & TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.