SAPAUGH MOTORS RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of SAPAUGH MOTORS RETIREMENT PLAN is $7,812,620.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in SAPAUGH MOTORS RETIREMENT PLAN is 158

In 2022, the average participant retirement account value for SAPAUGH MOTORS RETIREMENT PLAN is $49,446

In 2022, the estimated average employee contribution amount per participant for SAPAUGH MOTORS RETIREMENT PLAN is $3,154

In 2022, the estimated average employer match for an employee in SAPAUGH MOTORS RETIREMENT PLAN is approximately $933

In 2022, SAPAUGH MOTORS RETIREMENT PLAN allocates $147,506 to match its employees’ contributions, providing an employer match rate of 28.09% of their contributions

In 2022, the total retirement plan asset growth rate of SAPAUGH MOTORS RETIREMENT PLAN is -4.52%

In 2022, the estimated aggregate retirement account investment gain/loss for SAPAUGH MOTORS RETIREMENT PLAN is -9.03%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of SAPAUGH MOTORS RETIREMENT PLAN is 0.57%.

Enrollment Features

SAPAUGH MOTORS RETIREMENT 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.