EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION
Plan Contact
- Address: 5643 HARRISBURG IND PK DR,HARRISBURG,NC
- Contact person: DEBORAH BRASWELL
- Phone: (704) 455-2117
Plan General Information
EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION Total Retirement Plan Assets
At the end of 2021, the total retirement plan assets of EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION is $24,032,460.00.This plan was established in 2020.
EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION is 607
EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION Average Participant Retirement Account Value
In 2021, the average participant retirement account value for EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION is $39,592.00
EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION is $8,740.00.
EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION is approximately $920.00
Investing in this additonal $920.00 for 20 years would give you extra $58,882.00, assuming a 10% annual return.
Investing in this additonal $920.00 for 20 years would give you extra $58,882.00, assuming a 10% annual return.
EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION Total Employer Contribution and Match Rate
In 2021, EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION allocates $558,463.00 to match its employees' contributions, providing an employer match rate of 21.05% of their contributions
EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION Total Retirement Plan Asset Growth Rate
In 2021, the total retirement plan asset growth rate of EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION is 26.72%.
EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION Estimated Aggregate Retirement Account Investment Gain/Loss
In 2021, the estimated aggregate retirement account investment gain/loss for EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION is 15.48%. This measures the effectiveness of the plan participants' investments in the year.
EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION Expense Ratio
In 2021, the investment and administrative expense ratio of EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION is 0.15%.
Enrollment Features
EMPLOYEE BENEFIT PLAN OF CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION 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.
Recent Articles
- Simple 401(k) Investment Guide
- Why Actively Managed Bond Funds Outperform Index Funds More Often Than Stocks
- Income Growth, Historical 401(k) Contribution Limit Data
- How Much Should I Save for Retirement By Age? A Realistic Reference
- Historical Year-by-Year Annual 401(k) Contribution Limits
- Year-by-Year Income Levels in the U.S.
- Realistic Reference Data on Retirement Savings by Age in 2025
- Navigating the ExxonMobil Savings Plan: A Guide to Low-Cost Index Investing
- Cadence Design Systems Inc. 401(k): A Plan with Low-Cost Target Date and Index Funds
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more ...
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 ...) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more ...
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this 'lazy' portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan ...