EMPLOYEES PROFIT SHARING PLAN OF GENERAL FINANCE INCORPORATED

Plan Contact

  • Address: 1716 QUAIL ROAD,,CONCORDIA,KS
  • Contact person: DONALD KLING
  • Phone: (785) 243-2232

Plan General Information

EMPLOYEES PROFIT SHARING PLAN OF GENERAL FINANCE INCORPORATED Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of EMPLOYEES PROFIT SHARING PLAN OF GENERAL FINANCE INCORPORATED is $10,144,491.00.This plan was established in 1952.

EMPLOYEES PROFIT SHARING PLAN OF GENERAL FINANCE INCORPORATED Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in EMPLOYEES PROFIT SHARING PLAN OF GENERAL FINANCE INCORPORATED is 111

EMPLOYEES PROFIT SHARING PLAN OF GENERAL FINANCE INCORPORATED Average Participant Retirement Account Value

In 2023, the average participant retirement account value for EMPLOYEES PROFIT SHARING PLAN OF GENERAL FINANCE INCORPORATED is $91,391.00

EMPLOYEES PROFIT SHARING PLAN OF GENERAL FINANCE INCORPORATED Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in EMPLOYEES PROFIT SHARING PLAN OF GENERAL FINANCE INCORPORATED is approximately $2,660.00
Investing in this additonal $2,660.00 for 20 years would give you extra $170,256.00, assuming a 10% annual return.

EMPLOYEES PROFIT SHARING PLAN OF GENERAL FINANCE INCORPORATED Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of EMPLOYEES PROFIT SHARING PLAN OF GENERAL FINANCE INCORPORATED is 8.92%.

EMPLOYEES PROFIT SHARING PLAN OF GENERAL FINANCE INCORPORATED Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for EMPLOYEES PROFIT SHARING PLAN OF GENERAL FINANCE INCORPORATED is 12.02%. This measures the effectiveness of the plan participants' investments in the year.

EMPLOYEES PROFIT SHARING PLAN OF GENERAL FINANCE INCORPORATED Expense Ratio

In 2023, the investment and administrative expense ratio of EMPLOYEES PROFIT SHARING PLAN OF GENERAL FINANCE INCORPORATED is 0.03%.

Enrollment Features

EMPLOYEES PROFIT SHARING PLAN OF GENERAL FINANCE INCORPORATED has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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