TM3 SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST
Overview
Plan Contact
- Address: 35 NUTMEG DRIVE,TRUMBULL,CT
- Contact person: ERISA FIDUCIARY SERVICES, INC
- Phone: (203) 363-3738
Plan General Information
At the end of 2022, the total retirement plan assets of TM3 SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST is $6,877,974.This plan was established in 1999.
At the end of 2022, the total number of retirement plan participants in TM3 SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST is 217
In 2022, the average participant retirement account value for TM3 SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST is $31,695
In 2022, the estimated average employee contribution amount per participant for TM3 SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST is $3,098
In 2022, the estimated average employer match for an employee in TM3 SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST is approximately $1,326
In 2022, TM3 SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST allocates $287,952 to match its employees’ contributions, providing an employer match rate of 40.15% of their contributions
In 2022, the total retirement plan asset growth rate of TM3 SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST is -15.04%
In 2022, the estimated aggregate retirement account investment gain/loss for TM3 SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST is -16.38%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of TM3 SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST is 0.33%.
Enrollment Features
TM3 SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST 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.