BUSINESS FURNITURE CORPORATION 401K SAVINGS PLAN
- Address: 8421 BEARING DRIVE STE 200 EAST,INDIANAPOLIS,IN
- Contact person: NANCY MCMICHAEL
- Phone: (317) 625-7663
| Investment Options of BUSINESS FURNITURE CORPORATION 401K SAVINGS PLAN (as of 2022) |
|---|
| SEPARATE ACCOUNT II (AMERICAN UNITED LIFE INSURANCE CO) |
BUSINESS FURNITURE CORPORATION 401K 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.
At the end of 2022, the total retirement plan assets of BUSINESS FURNITURE CORPORATION 401K SAVINGS PLAN is $7,448,730.00.This plan was established in 1984.
At the end of 2022, the total number of retirement plan participants in BUSINESS FURNITURE CORPORATION 401K SAVINGS PLAN is 108
In 2022, the average participant retirement account value for BUSINESS FURNITURE CORPORATION 401K SAVINGS PLAN is $68,969.00
In 2022, the estimated average employee contribution amount per participant for BUSINESS FURNITURE CORPORATION 401K SAVINGS PLAN is $4,269.00
In 2022, the estimated average employer match for an employee in BUSINESS FURNITURE CORPORATION 401K SAVINGS PLAN is approximately $605.00
In 2022, BUSINESS FURNITURE CORPORATION 401K SAVINGS PLAN allocates $65,439.00 to match its employees' contributions, providing an employer match rate of 13.62% of their contributions
In 2022, the total retirement plan asset growth rate of BUSINESS FURNITURE CORPORATION 401K SAVINGS PLAN is -27.33%
In 2022, the estimated aggregate retirement account investment gain/loss for BUSINESS FURNITURE CORPORATION 401K SAVINGS PLAN is -17.15%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of BUSINESS FURNITURE CORPORATION 401K SAVINGS PLAN is 0.02%.
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