NAP ASSET HOLDINGS 401(K) PLAN

Overview

Plan Contact

  • Address: 1180 WERNSING RD,JASPER,IN
  • Contact person: MELODIE BROOKS
  • Phone: (812) 482-2000

Plan General Information


At the end of 2022, the total retirement plan assets of NAP ASSET HOLDINGS 401(K) PLAN is $12,070,931.This plan was established in 2012.

At the end of 2022, the total number of retirement plan participants in NAP ASSET HOLDINGS 401(K) PLAN is 263

In 2022, the average participant retirement account value for NAP ASSET HOLDINGS 401(K) PLAN is $45,897

In 2022, the estimated average employee contribution amount per participant for NAP ASSET HOLDINGS 401(K) PLAN is $3,306

In 2022, the estimated average employer match for an employee in NAP ASSET HOLDINGS 401(K) PLAN is approximately $1,048

In 2022, NAP ASSET HOLDINGS 401(K) PLAN allocates $275,851 to match its employees’ contributions, providing an employer match rate of 31.48% of their contributions

In 2022, the total retirement plan asset growth rate of NAP ASSET HOLDINGS 401(K) PLAN is -19.40%

In 2022, the estimated aggregate retirement account investment gain/loss for NAP ASSET HOLDINGS 401(K) PLAN is -14.91%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of NAP ASSET HOLDINGS 401(K) PLAN is 0.53%.

Enrollment Features

NAP ASSET HOLDINGS 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.