TAP RX LLC 401 (K) PROFIT SHARING PLAN & TRUST
Overview
Plan Contact
- Address: 230 SEA LN,FARMINGDALE,NY
- Contact person: ERIC HERSKOWITZ
- Phone: (631) 843-0500
Plan General Information
At the end of 2021, the total retirement plan assets of TAP RX LLC 401 (K) PROFIT SHARING PLAN & TRUST is $9,745,003.This plan was established in 2022.
At the end of 2021, the total number of retirement plan participants in TAP RX LLC 401 (K) PROFIT SHARING PLAN & TRUST is 573
In 2021, the average participant retirement account value for TAP RX LLC 401 (K) PROFIT SHARING PLAN & TRUST is $17,006
In 2021, the estimated average employee contribution amount per participant for TAP RX LLC 401 (K) PROFIT SHARING PLAN & TRUST is $2,380
In 2021, the estimated average employer match for an employee in TAP RX LLC 401 (K) PROFIT SHARING PLAN & TRUST is approximately $1,116
In 2021, TAP RX LLC 401 (K) PROFIT SHARING PLAN & TRUST allocates $639,496 to match its employees’ contributions, providing an employer match rate of 46.89% of their contributions
In 2021, the total retirement plan asset growth rate of TAP RX LLC 401 (K) PROFIT SHARING PLAN & TRUST is 62.32%
In 2021, the estimated aggregate retirement account investment gain/loss for TAP RX LLC 401 (K) PROFIT SHARING PLAN & TRUST is 14.83%. This measures the effectiveness of the plan participants’ investments in the year.
In 2021, the investment and administrative expense ratio of TAP RX LLC 401 (K) PROFIT SHARING PLAN & TRUST is 0.39%.
Enrollment Features
TAP RX LLC 401 (K) PROFIT SHARING PLAN & TRUST has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.