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COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN

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Plan General Information

COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN is $63,499,328.00.This plan was established in 2006.

COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN is 2252

COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN is $28,196.00

COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN is $1,914.00.

COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN is approximately $941.00
Investing in this additonal $941.00 for 20 years would give you extra $60,265.00, assuming a 10% annual return.

COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN allocates $2,120,590.00 to match its employees' contributions, providing an employer match rate of 54.06% of their contributions

COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN is 16.32%.

COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN is 21.90%. This measures the effectiveness of the plan participants' investments in the year.

COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of COMMERCIAL VEHICLE GROUP, INC. 401(K) PLAN is 0.11%.

Enrollment Features

COMMERCIAL VEHICLE GROUP, 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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