RUSH ENTERPRISES, INC. EMPLOYEE 401(K) PLAN
Overview
Plan Contact
- Address: 555 IH 35 S,NEW BRAUNFELS,TX
- Contact person: STEVEN HOLM
- Phone: (830) 302-5200
Plan General Information
At the end of 2022, the total retirement plan assets of RUSH ENTERPRISES, INC. EMPLOYEE 401(K) PLAN is $397,645,241.This plan was established in 1972.
At the end of 2022, the total number of retirement plan participants in RUSH ENTERPRISES, INC. EMPLOYEE 401(K) PLAN is 8636
In 2022, the average participant retirement account value for RUSH ENTERPRISES, INC. EMPLOYEE 401(K) PLAN is $46,045
In 2022, the estimated average employee contribution amount per participant for RUSH ENTERPRISES, INC. EMPLOYEE 401(K) PLAN is $5,269
In 2022, the estimated average employer match for an employee in RUSH ENTERPRISES, INC. EMPLOYEE 401(K) PLAN is approximately $1,429
In 2022, RUSH ENTERPRISES, INC. EMPLOYEE 401(K) PLAN allocates $12,343,669 to match its employees’ contributions, providing an employer match rate of 29.12% of their contributions
In 2022, the total retirement plan asset growth rate of RUSH ENTERPRISES, INC. EMPLOYEE 401(K) PLAN is -11.41%
In 2022, the estimated aggregate retirement account investment gain/loss for RUSH ENTERPRISES, INC. EMPLOYEE 401(K) PLAN is -16.34%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of RUSH ENTERPRISES, INC. EMPLOYEE 401(K) PLAN is 0.16%.
Enrollment Features
RUSH ENTERPRISES, INC. EMPLOYEE 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.