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.