UTILITY TRAILER SALES OF S.E. TEXAS, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of UTILITY TRAILER SALES OF S.E. TEXAS, INC. 401(K) PLAN is $15,540,897.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in UTILITY TRAILER SALES OF S.E. TEXAS, INC. 401(K) PLAN is 354

In 2022, the average participant retirement account value for UTILITY TRAILER SALES OF S.E. TEXAS, INC. 401(K) PLAN is $43,900

In 2022, the estimated average employee contribution amount per participant for UTILITY TRAILER SALES OF S.E. TEXAS, INC. 401(K) PLAN is $4,504

In 2022, the estimated average employer match for an employee in UTILITY TRAILER SALES OF S.E. TEXAS, INC. 401(K) PLAN is approximately $368

In 2022, UTILITY TRAILER SALES OF S.E. TEXAS, INC. 401(K) PLAN allocates $130,334 to match its employees’ contributions, providing an employer match rate of 8.66% of their contributions

In 2022, the total retirement plan asset growth rate of UTILITY TRAILER SALES OF S.E. TEXAS, INC. 401(K) PLAN is -18.89%

In 2022, the estimated aggregate retirement account investment gain/loss for UTILITY TRAILER SALES OF S.E. TEXAS, INC. 401(K) PLAN is -16.55%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of UTILITY TRAILER SALES OF S.E. TEXAS, INC. 401(K) PLAN is 0.09%.

Enrollment Features

UTILITY TRAILER SALES OF S.E. TEXAS, INC. 401(K) 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.