GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN

Plan Contact

  • Address: 1211 ROTHERWOOD RD,GREENSBORO,NC
  • Contact person: KENT MCKINNEY
  • Phone: (336) 273-6140

Plan General Information

GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN is $22,172,754.00.This plan was established in 1973.

GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN is 257

GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN is $86,275.00

GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN is $3,598.00.

GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN is approximately $3,894.00
Investing in this additonal $3,894.00 for 20 years would give you extra $249,265.00, assuming a 10% annual return.

GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2023, GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN allocates $1,000,955.00 to match its employees' contributions, providing an employer match rate of 119.40% of their contributions

GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN is 19.97%.

GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN is 17.70%. This measures the effectiveness of the plan participants' investments in the year.

GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN is 0.01%.

Enrollment Features

GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN 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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