WALSER AUTOMOTIVE GROUP, LLC SAVINGS AND INVESTMENT PLAN

Overview

Plan Contact

  • Address: 7700 FRANCE AVENUE SOUTH,,EDINA,MN
  • Contact person: SHERRY SCHULTZ
  • Phone: (952) 929-3535

Plan General Information


At the end of 2022, the total retirement plan assets of WALSER AUTOMOTIVE GROUP, LLC SAVINGS AND INVESTMENT PLAN is $58,903,620.This plan was established in 1994.

At the end of 2022, the total number of retirement plan participants in WALSER AUTOMOTIVE GROUP, LLC SAVINGS AND INVESTMENT PLAN is 2660

In 2022, the average participant retirement account value for WALSER AUTOMOTIVE GROUP, LLC SAVINGS AND INVESTMENT PLAN is $22,144

In 2022, the estimated average employee contribution amount per participant for WALSER AUTOMOTIVE GROUP, LLC SAVINGS AND INVESTMENT PLAN is $2,753

In 2022, the estimated average employer match for an employee in WALSER AUTOMOTIVE GROUP, LLC SAVINGS AND INVESTMENT PLAN is approximately $537

In 2022, WALSER AUTOMOTIVE GROUP, LLC SAVINGS AND INVESTMENT PLAN allocates $1,429,088 to match its employees’ contributions, providing an employer match rate of 18.78% of their contributions

In 2022, the total retirement plan asset growth rate of WALSER AUTOMOTIVE GROUP, LLC SAVINGS AND INVESTMENT PLAN is -8.69%

In 2022, the estimated aggregate retirement account investment gain/loss for WALSER AUTOMOTIVE GROUP, LLC SAVINGS AND INVESTMENT PLAN is -16.36%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of WALSER AUTOMOTIVE GROUP, LLC SAVINGS AND INVESTMENT PLAN is 0.16%.

Enrollment Features

WALSER AUTOMOTIVE GROUP, LLC SAVINGS AND INVESTMENT 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.