BOYER FORD TRUCKS, INC. 401(K) PLAN

Plan Contact

  • Address: 2601 NE BROADWAY ST,MINNEAPOLIS,MN
  • Contact person: CHRISTOPHER HULSE
  • Phone: (612) 627-5548

Plan General Information

BOYER FORD TRUCKS, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2016, the total retirement plan assets of BOYER FORD TRUCKS, INC. 401(K) PLAN is $5,552,416.00.This plan was established in 1967.

BOYER FORD TRUCKS, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2016, the total number of retirement plan participants in BOYER FORD TRUCKS, INC. 401(K) PLAN is 127

BOYER FORD TRUCKS, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2016, the average participant retirement account value for BOYER FORD TRUCKS, INC. 401(K) PLAN is $43,719.00

BOYER FORD TRUCKS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2016, the estimated average employee contribution amount per participant for BOYER FORD TRUCKS, INC. 401(K) PLAN is $5,272.00.

BOYER FORD TRUCKS, INC. 401(K) PLAN Estimated Average Employer Match

In 2016, the estimated average employer match for an employee in BOYER FORD TRUCKS, INC. 401(K) PLAN is approximately $200.00
Investing in this additonal $200.00 for 20 years would give you extra $12,818.00, assuming a 10% annual return.

BOYER FORD TRUCKS, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2016, BOYER FORD TRUCKS, INC. 401(K) PLAN allocates $25,436.00 to match its employees' contributions, providing an employer match rate of 7.60% of their contributions

BOYER FORD TRUCKS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2016, the total retirement plan asset growth rate of BOYER FORD TRUCKS, INC. 401(K) PLAN is 88.78%.

BOYER FORD TRUCKS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2016, the estimated aggregate retirement account investment gain/loss for BOYER FORD TRUCKS, INC. 401(K) PLAN is 145.86%. This measures the effectiveness of the plan participants' investments in the year.

BOYER FORD TRUCKS, INC. 401(K) PLAN Expense Ratio

In 2016, the investment and administrative expense ratio of BOYER FORD TRUCKS, INC. 401(K) PLAN is 0.23%.

Enrollment Features

BOYER FORD TRUCKS, INC. 401(K) 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.

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