TM 401(K) PLAN

At the end of 2022, the total retirement plan assets of TM 401(K) PLAN is $10,737,887.This plan was established in 2001.

At the end of 2022, the total number of retirement plan participants in TM 401(K) PLAN is 240

In 2022, the average participant retirement account value for TM 401(K) PLAN is $44,741

In 2022, the estimated average employee contribution amount per participant for TM 401(K) PLAN is $4,779

In 2022, the estimated average employer match for an employee in TM 401(K) PLAN is approximately $1,220

In 2022, TM 401(K) PLAN allocates $292,860 to match its employees’ contributions, providing an employer match rate of 26.13% of their contributions

In 2022, the total retirement plan asset growth rate of TM 401(K) PLAN is -9.87%

In 2022, the estimated aggregate retirement account investment gain/loss for TM 401(K) PLAN is -15.36%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of TM 401(K) PLAN is 0.60%.

Enrollment Features

TM 401(K) 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.