HUMMEL'S NISSAN 401(K) SAVINGS PLAN

  • Address: 1019 SW 5TH CT,GRIMES,IA
  • Contact person: MICHELLE PEARSON
  • Phone: (515) 210-6504

HUMMEL'S NISSAN 401(K) SAVINGS 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.

At the end of 2022, the total retirement plan assets of HUMMEL'S NISSAN 401(K) SAVINGS PLAN is $4,238,468.00.This plan was established in 1994.

At the end of 2022, the total number of retirement plan participants in HUMMEL'S NISSAN 401(K) SAVINGS PLAN is 115

In 2022, the average participant retirement account value for HUMMEL'S NISSAN 401(K) SAVINGS PLAN is $36,856.00

In 2022, the estimated average employee contribution amount per participant for HUMMEL'S NISSAN 401(K) SAVINGS PLAN is $2,844.00

In 2022, the estimated average employer match for an employee in HUMMEL'S NISSAN 401(K) SAVINGS PLAN is approximately $707.00

In 2022, HUMMEL'S NISSAN 401(K) SAVINGS PLAN allocates $81,338.00 to match its employees' contributions, providing an employer match rate of 23.54% of their contributions

In 2022, the total retirement plan asset growth rate of HUMMEL'S NISSAN 401(K) SAVINGS PLAN is -44.46%

In 2022, the estimated aggregate retirement account investment gain/loss for HUMMEL'S NISSAN 401(K) SAVINGS PLAN is -19.17%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of HUMMEL'S NISSAN 401(K) SAVINGS PLAN is 0.73%.

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