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.
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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