NATIONAL LIFT TRUCK COMPANIES PROFIT SHARING 401K PLAN AND TRUST

At the end of 2022, the total retirement plan assets of NATIONAL LIFT TRUCK COMPANIES PROFIT SHARING 401K PLAN AND TRUST is $20,735,213.This plan was established in 1998.

At the end of 2022, the total number of retirement plan participants in NATIONAL LIFT TRUCK COMPANIES PROFIT SHARING 401K PLAN AND TRUST is 197

In 2022, the average participant retirement account value for NATIONAL LIFT TRUCK COMPANIES PROFIT SHARING 401K PLAN AND TRUST is $105,254

In 2022, the estimated average employee contribution amount per participant for NATIONAL LIFT TRUCK COMPANIES PROFIT SHARING 401K PLAN AND TRUST is $3,971

In 2022, the estimated average employer match for an employee in NATIONAL LIFT TRUCK COMPANIES PROFIT SHARING 401K PLAN AND TRUST is approximately $3,739

In 2022, NATIONAL LIFT TRUCK COMPANIES PROFIT SHARING 401K PLAN AND TRUST allocates $736,748 to match its employees’ contributions, providing an employer match rate of 95.62% of their contributions

In 2022, the total retirement plan asset growth rate of NATIONAL LIFT TRUCK COMPANIES PROFIT SHARING 401K PLAN AND TRUST is -21.00%

In 2022, the estimated aggregate retirement account investment gain/loss for NATIONAL LIFT TRUCK COMPANIES PROFIT SHARING 401K PLAN AND TRUST is -24.20%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of NATIONAL LIFT TRUCK COMPANIES PROFIT SHARING 401K PLAN AND TRUST is 0.01%.

Enrollment Features

NATIONAL LIFT TRUCK COMPANIES PROFIT SHARING 401K PLAN AND TRUST has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.