YANMAR GROUP 401(K) SAVINGS PLAN
Overview
Plan Contact
- Address: 101 INTERNATIONAL PARKWAY,ADAIRSVILLE,GA
- Contact person: TIFFANY CHENARD
- Phone: (770) 877-6238
Plan General Information
At the end of 2022, the total retirement plan assets of YANMAR GROUP 401(K) SAVINGS PLAN is $47,195,517.This plan was established in 1993.
At the end of 2022, the total number of retirement plan participants in YANMAR GROUP 401(K) SAVINGS PLAN is 1177
In 2022, the average participant retirement account value for YANMAR GROUP 401(K) SAVINGS PLAN is $40,098
In 2022, the estimated average employee contribution amount per participant for YANMAR GROUP 401(K) SAVINGS PLAN is $3,336
In 2022, the estimated average employer match for an employee in YANMAR GROUP 401(K) SAVINGS PLAN is approximately $1,581
In 2022, YANMAR GROUP 401(K) SAVINGS PLAN allocates $1,861,707 to match its employees’ contributions, providing an employer match rate of 56.13% of their contributions
In 2022, the total retirement plan asset growth rate of YANMAR GROUP 401(K) SAVINGS PLAN is -9.98%
In 2022, the estimated aggregate retirement account investment gain/loss for YANMAR GROUP 401(K) SAVINGS PLAN is -14.14%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of YANMAR GROUP 401(K) SAVINGS PLAN is 0.40%.
Enrollment Features
YANMAR GROUP 401(K) SAVINGS 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.