TMVC 401(K) RETIREMENT PLAN
Overview
Plan Contact
- Address: 950 BIG TREE ROAD SOUTH,DAYTONA,FL
- Phone: (386) 756-7496
Plan General Information
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.