TM ASSOCIATES MANAGEMENT, INC. EMPLOYEES SAVINGS TRUST

Overview

Plan Contact

  • Address: 1375 PICCARD DRIVE,,ROCKVILLE,MD
  • Contact person: JAZMINE DIAZ
  • Phone: (240) 683-0300

Plan General Information


At the end of 2022, the total retirement plan assets of TM ASSOCIATES MANAGEMENT, INC. EMPLOYEES SAVINGS TRUST is $6,549,779.This plan was established in 2009.

At the end of 2022, the total number of retirement plan participants in TM ASSOCIATES MANAGEMENT, INC. EMPLOYEES SAVINGS TRUST is 553

In 2022, the average participant retirement account value for TM ASSOCIATES MANAGEMENT, INC. EMPLOYEES SAVINGS TRUST is $11,844

In 2022, the estimated average employee contribution amount per participant for TM ASSOCIATES MANAGEMENT, INC. EMPLOYEES SAVINGS TRUST is $1,286

In 2022, the estimated average employer match for an employee in TM ASSOCIATES MANAGEMENT, INC. EMPLOYEES SAVINGS TRUST is approximately $698

In 2022, TM ASSOCIATES MANAGEMENT, INC. EMPLOYEES SAVINGS TRUST allocates $386,056 to match its employees’ contributions, providing an employer match rate of 52.69% of their contributions

In 2022, the total retirement plan asset growth rate of TM ASSOCIATES MANAGEMENT, INC. EMPLOYEES SAVINGS TRUST is -15.23%

In 2022, the estimated aggregate retirement account investment gain/loss for TM ASSOCIATES MANAGEMENT, INC. EMPLOYEES SAVINGS TRUST is -19.36%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of TM ASSOCIATES MANAGEMENT, INC. EMPLOYEES SAVINGS TRUST is 0.69%.

Enrollment Features

TM ASSOCIATES MANAGEMENT, INC. EMPLOYEES SAVINGS TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.