TMVC 401(K) RETIREMENT PLAN

At the end of 2021, the total retirement plan assets of TMVC 401(K) RETIREMENT PLAN is $6,210,920.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in TMVC 401(K) RETIREMENT PLAN is 292

In 2021, the average participant retirement account value for TMVC 401(K) RETIREMENT PLAN is $21,270

In 2021, the estimated average employee contribution amount per participant for TMVC 401(K) RETIREMENT PLAN is $1,626

In 2021, the estimated average employer match for an employee in TMVC 401(K) RETIREMENT PLAN is approximately $1,976

In 2021, TMVC 401(K) RETIREMENT PLAN allocates $577,085 to match its employees’ contributions, providing an employer match rate of 121.50% of their contributions

In 2021, the total retirement plan asset growth rate of TMVC 401(K) RETIREMENT PLAN is 21.39%

In 2021, the estimated aggregate retirement account investment gain/loss for TMVC 401(K) RETIREMENT PLAN is 10.52%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of TMVC 401(K) RETIREMENT PLAN is 0.21%.

Enrollment Features

TMVC 401(K) RETIREMENT 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.