TANDEM HR, LLC 401(K) PLAN
Overview
Plan Contact
- Address: 2400 WOLF RD,,WESTCHESTER,IL
- Contact person: CHARMAINE HOLLAWAY
- Phone: (630) 755-2107
Plan General Information
At the end of 2022, the total retirement plan assets of TANDEM HR, LLC 401(K) PLAN is $287,202,228.This plan was established in 2001.
At the end of 2022, the total number of retirement plan participants in TANDEM HR, LLC 401(K) PLAN is 12213
In 2022, the average participant retirement account value for TANDEM HR, LLC 401(K) PLAN is $23,516
In 2022, the estimated average employee contribution amount per participant for TANDEM HR, LLC 401(K) PLAN is $865
In 2022, the estimated average employer match for an employee in TANDEM HR, LLC 401(K) PLAN is approximately $383
In 2022, TANDEM HR, LLC 401(K) PLAN allocates $4,688,058 to match its employees’ contributions, providing an employer match rate of 49.25% of their contributions
In 2022, the total retirement plan asset growth rate of TANDEM HR, LLC 401(K) PLAN is 261.49%
In 2022, the estimated aggregate retirement account investment gain/loss for TANDEM HR, LLC 401(K) PLAN is 241.77%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of TANDEM HR, LLC 401(K) PLAN is 0.11%.
Enrollment Features
TANDEM HR, LLC 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.