BLOOMSBURG CARPET INDUSTRIES PS PLAN
Plan Contact
- Address: 4999 COLUMBIA BOULEVARD,BLOOMSBURG,PA
- Contact person: ADAM BOWMAN
- Phone: (570) 784-9188
Plan General Information
BLOOMSBURG CARPET INDUSTRIES PS PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of BLOOMSBURG CARPET INDUSTRIES PS PLAN is $21,629,447.00.This plan was established in 1979.
BLOOMSBURG CARPET INDUSTRIES PS PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in BLOOMSBURG CARPET INDUSTRIES PS PLAN is 291
BLOOMSBURG CARPET INDUSTRIES PS PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for BLOOMSBURG CARPET INDUSTRIES PS PLAN is $74,327.00
BLOOMSBURG CARPET INDUSTRIES PS PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for BLOOMSBURG CARPET INDUSTRIES PS PLAN is $1,870.00.
BLOOMSBURG CARPET INDUSTRIES PS PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in BLOOMSBURG CARPET INDUSTRIES PS PLAN is approximately $1,119.00
Investing in this additonal $1,119.00 for 20 years would give you extra $71,642.00, assuming a 10% annual return.
Investing in this additonal $1,119.00 for 20 years would give you extra $71,642.00, assuming a 10% annual return.
BLOOMSBURG CARPET INDUSTRIES PS PLAN Total Employer Contribution and Match Rate
In 2023, BLOOMSBURG CARPET INDUSTRIES PS PLAN allocates $325,749.00 to match its employees' contributions, providing an employer match rate of 62.52% of their contributions
BLOOMSBURG CARPET INDUSTRIES PS PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of BLOOMSBURG CARPET INDUSTRIES PS PLAN is 10.12%.
BLOOMSBURG CARPET INDUSTRIES PS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for BLOOMSBURG CARPET INDUSTRIES PS PLAN is 13.12%. This measures the effectiveness of the plan participants' investments in the year.
BLOOMSBURG CARPET INDUSTRIES PS PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of BLOOMSBURG CARPET INDUSTRIES PS PLAN is 0.29%.
Enrollment Features
BLOOMSBURG CARPET INDUSTRIES PS 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.
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.
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