ERBA EMPLOYEE'S 401(K) PLAN

Plan Contact

  • Address: 400 WEST PLEASANT STREET,GREENUP,IL
  • Contact person: CATHY FELTNER
  • Phone: (217) 923-3113

Plan General Information

ERBA EMPLOYEE'S 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of ERBA EMPLOYEE'S 401(K) PLAN is $4,047,352.00.This plan was established in 2012.

ERBA EMPLOYEE'S 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in ERBA EMPLOYEE'S 401(K) PLAN is 188

ERBA EMPLOYEE'S 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for ERBA EMPLOYEE'S 401(K) PLAN is $21,528.00

ERBA EMPLOYEE'S 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for ERBA EMPLOYEE'S 401(K) PLAN is $619.00.

ERBA EMPLOYEE'S 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in ERBA EMPLOYEE'S 401(K) PLAN is approximately $1,974.00
Investing in this additonal $1,974.00 for 20 years would give you extra $126,390.00, assuming a 10% annual return.

ERBA EMPLOYEE'S 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, ERBA EMPLOYEE'S 401(K) PLAN allocates $371,273.00 to match its employees' contributions, providing an employer match rate of 322.34% of their contributions

ERBA EMPLOYEE'S 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of ERBA EMPLOYEE'S 401(K) PLAN is 19.23%.

ERBA EMPLOYEE'S 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for ERBA EMPLOYEE'S 401(K) PLAN is 17.03%. This measures the effectiveness of the plan participants' investments in the year.

ERBA EMPLOYEE'S 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of ERBA EMPLOYEE'S 401(K) PLAN is 1.11%.

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