TMCO, INC. 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of TMCO, INC. 401(K) PROFIT SHARING PLAN is $15,451,660.This plan was established in 1986.

At the end of 2022, the total number of retirement plan participants in TMCO, INC. 401(K) PROFIT SHARING PLAN is 234

In 2022, the average participant retirement account value for TMCO, INC. 401(K) PROFIT SHARING PLAN is $66,032

In 2022, the estimated average employee contribution amount per participant for TMCO, INC. 401(K) PROFIT SHARING PLAN is $3,401

In 2022, the estimated average employer match for an employee in TMCO, INC. 401(K) PROFIT SHARING PLAN is approximately $2,453

In 2022, TMCO, INC. 401(K) PROFIT SHARING PLAN allocates $574,017 to match its employees’ contributions, providing an employer match rate of 74.18% of their contributions

In 2022, the total retirement plan asset growth rate of TMCO, INC. 401(K) PROFIT SHARING PLAN is -20.07%

In 2022, the estimated aggregate retirement account investment gain/loss for TMCO, INC. 401(K) PROFIT SHARING 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 TMCO, INC. 401(K) PROFIT SHARING PLAN is 0.43%.

Enrollment Features

TMCO, INC. 401(K) PROFIT SHARING 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.