EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC.

Plan Contact

  • Address: 119 S MAIN ST,GIBSONBURG,OH
  • Contact person: DANIEL DARR
  • Phone: (419) 637-2151

Plan General Information

EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. Total Retirement Plan Assets

At the end of 2020, the total retirement plan assets of EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. is $3,509,065.00.This plan was established in 1993.

EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. is 181

EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. Average Participant Retirement Account Value

In 2020, the average participant retirement account value for EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. is $19,387.00

EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. is $3,976.00.

EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. is approximately $1,206.00
Investing in this additonal $1,206.00 for 20 years would give you extra $77,186.00, assuming a 10% annual return.

EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. Total Employer Contribution and Match Rate

In 2020, EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. allocates $218,293.00 to match its employees' contributions, providing an employer match rate of 60.65% of their contributions

EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. Total Retirement Plan Asset Growth Rate

In 2020, the total retirement plan asset growth rate of EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. is 7.71%.

EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2020, the estimated aggregate retirement account investment gain/loss for EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. is 11.83%. This measures the effectiveness of the plan participants' investments in the year.

EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. Expense Ratio

In 2020, the investment and administrative expense ratio of EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. is 0.15%.

Enrollment Features

EMPLOYEE BENEFIT PLAN OF REINO LINEN SERVICE, INC. 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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