NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 2255 MEDINA RD.,MEDINA,OH
  • Contact person: AARON MILLS
  • Phone: (330) 721-1914

Plan General Information


At the end of 2022, the total retirement plan assets of NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN is $1,156,973.This plan was established in 2019.

At the end of 2022, the total number of retirement plan participants in NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN is 137

In 2022, the average participant retirement account value for NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN is $8,445

In 2022, the estimated average employee contribution amount per participant for NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN is $1,960

In 2022, the estimated average employer match for an employee in NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN is approximately $1,160

In 2022, NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN allocates $158,972 to match its employees’ contributions, providing an employer match rate of 60.73% of their contributions

In 2022, the total retirement plan asset growth rate of NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN is 7.21%

In 2022, the estimated aggregate retirement account investment gain/loss for NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN is -16.11%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN is 1.66%.

Enrollment Features