401(K) PROFIT SHARING PLAN & TRUST OF BURROUGHS & CHAPIN COMPANY, INC.
- Address: PO BOX 7577,MYRTLE BEACH,SC
- Contact person: CHAD CARLSON
- Phone: (843) 448-5123
401(K) PROFIT SHARING PLAN & TRUST OF BURROUGHS & CHAPIN COMPANY, INC. 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.
At the end of 2022, the total retirement plan assets of 401(K) PROFIT SHARING PLAN & TRUST OF BURROUGHS & CHAPIN COMPANY, INC. is $19,357,360.00.This plan was established in 1987.
At the end of 2022, the total number of retirement plan participants in 401(K) PROFIT SHARING PLAN & TRUST OF BURROUGHS & CHAPIN COMPANY, INC. is 236
In 2022, the average participant retirement account value for 401(K) PROFIT SHARING PLAN & TRUST OF BURROUGHS & CHAPIN COMPANY, INC. is $82,022.00
In 2022, the estimated average employee contribution amount per participant for 401(K) PROFIT SHARING PLAN & TRUST OF BURROUGHS & CHAPIN COMPANY, INC. is $2,579.00
In 2022, the estimated average employer match for an employee in 401(K) PROFIT SHARING PLAN & TRUST OF BURROUGHS & CHAPIN COMPANY, INC. is approximately $1,282.00
In 2022, 401(K) PROFIT SHARING PLAN & TRUST OF BURROUGHS & CHAPIN COMPANY, INC. allocates $302,607.00 to match its employees' contributions, providing an employer match rate of 48.38% of their contributions
In 2022, the total retirement plan asset growth rate of 401(K) PROFIT SHARING PLAN & TRUST OF BURROUGHS & CHAPIN COMPANY, INC. is -25.43%
In 2022, the estimated aggregate retirement account investment gain/loss for 401(K) PROFIT SHARING PLAN & TRUST OF BURROUGHS & CHAPIN COMPANY, INC. is -19.87%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of 401(K) PROFIT SHARING PLAN & TRUST OF BURROUGHS & CHAPIN COMPANY, INC. is 0.11%.
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