PALMETTO FORD INC 401K PLAN

At the end of 2022, the total retirement plan assets of PALMETTO FORD INC 401K PLAN is $6,717,627.This plan was established in 1990.

At the end of 2022, the total number of retirement plan participants in PALMETTO FORD INC 401K PLAN is 126

In 2022, the average participant retirement account value for PALMETTO FORD INC 401K PLAN is $53,314

In 2022, the estimated average employee contribution amount per participant for PALMETTO FORD INC 401K PLAN is $3,436

In 2022, the estimated average employer match for an employee in PALMETTO FORD INC 401K PLAN is approximately $463

In 2022, PALMETTO FORD INC 401K PLAN allocates $58,388 to match its employees’ contributions, providing an employer match rate of 13.12% of their contributions

In 2022, the total retirement plan asset growth rate of PALMETTO FORD INC 401K PLAN is -5.62%

In 2022, the estimated aggregate retirement account investment gain/loss for PALMETTO FORD INC 401K PLAN is -11.29%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PALMETTO FORD INC 401K PLAN is 0.04%.

Enrollment Features

PALMETTO FORD INC 401K 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.