ET WORKS RETIREMENT PLAN
Plan Contact
- Address: 2201 HANCEL PARKWAY,MOORESVILLE,IN
- Contact person: TRACY KINCAID
- Phone: (317) 834-4500
Plan General Information
ET WORKS RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of ET WORKS RETIREMENT PLAN is $8,146,748.00.This plan was established in 1998.
ET WORKS RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in ET WORKS RETIREMENT PLAN is 161
ET WORKS RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for ET WORKS RETIREMENT PLAN is $50,600.00
ET WORKS RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for ET WORKS RETIREMENT PLAN is $4,453.00.
ET WORKS RETIREMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in ET WORKS RETIREMENT PLAN is approximately $2,311.00
Investing in this additonal $2,311.00 for 20 years would give you extra $147,950.00, assuming a 10% annual return.
Investing in this additonal $2,311.00 for 20 years would give you extra $147,950.00, assuming a 10% annual return.
ET WORKS RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2023, ET WORKS RETIREMENT PLAN allocates $372,187.00 to match its employees' contributions, providing an employer match rate of 54.62% of their contributions
ET WORKS RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of ET WORKS RETIREMENT PLAN is 28.43%.
ET WORKS RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for ET WORKS RETIREMENT PLAN is 20.07%. This measures the effectiveness of the plan participants' investments in the year.
ET WORKS RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of ET WORKS RETIREMENT PLAN is 0.74%.
Enrollment Features
ET WORKS RETIREMENT PLAN 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.
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