PATRICK DEALER GROUP SAVINGS PLAN

At the end of 2022, the total retirement plan assets of PATRICK DEALER GROUP SAVINGS PLAN is $27,152,637.This plan was established in 1986.

At the end of 2022, the total number of retirement plan participants in PATRICK DEALER GROUP SAVINGS PLAN is 350

In 2022, the average participant retirement account value for PATRICK DEALER GROUP SAVINGS PLAN is $77,578

In 2022, the estimated average employee contribution amount per participant for PATRICK DEALER GROUP SAVINGS PLAN is $5,667

In 2022, the estimated average employer match for an employee in PATRICK DEALER GROUP SAVINGS PLAN is approximately $1,179

In 2022, PATRICK DEALER GROUP SAVINGS PLAN allocates $412,991 to match its employees’ contributions, providing an employer match rate of 20.38% of their contributions

In 2022, the total retirement plan asset growth rate of PATRICK DEALER GROUP SAVINGS PLAN is -16.05%

In 2022, the estimated aggregate retirement account investment gain/loss for PATRICK DEALER GROUP SAVINGS PLAN is -17.26%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PATRICK DEALER GROUP SAVINGS PLAN is 1.06%.

Enrollment Features

PATRICK DEALER GROUP SAVINGS 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.