GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN
Plan Contact
- Address: 4235 ELECTRIC ROAD SW,ROANOKE,VA
- Contact person: CHRIS COULLING
- Phone: (540) 776-7000
Plan General Information
GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN is $24,277,603.00.This plan was established in 1968.
GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN is 557
GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN is $43,586.00
GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN is $4,149.00.
GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN is approximately $446.00
Investing in this additonal $446.00 for 20 years would give you extra $28,607.00, assuming a 10% annual return.
Investing in this additonal $446.00 for 20 years would give you extra $28,607.00, assuming a 10% annual return.
GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2023, GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN allocates $248,972.00 to match its employees' contributions, providing an employer match rate of 21.54% of their contributions
GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN is 10.33%.
GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN is 18.42%. This measures the effectiveness of the plan participants' investments in the year.
GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of GRAND PIANO & FURNITURE CO. , INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN is 0.20%.
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