HURT & PROFFITT, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan Contact

  • Address: 2524 LANGHORNE RD,LYNCHBURG,VA
  • Contact person: MATTHEW LESLIE
  • Phone: (434) 847-7796

Plan General Information

HURT & PROFFITT, INC. EMPLOYEE STOCK OWNERSHIP PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of HURT & PROFFITT, INC. EMPLOYEE STOCK OWNERSHIP PLAN is $6,238,083.00.This plan was established in 1996.

HURT & PROFFITT, INC. EMPLOYEE STOCK OWNERSHIP PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in HURT & PROFFITT, INC. EMPLOYEE STOCK OWNERSHIP PLAN is 162

HURT & PROFFITT, INC. EMPLOYEE STOCK OWNERSHIP PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for HURT & PROFFITT, INC. EMPLOYEE STOCK OWNERSHIP PLAN is $38,506.00

HURT & PROFFITT, INC. EMPLOYEE STOCK OWNERSHIP PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in HURT & PROFFITT, INC. EMPLOYEE STOCK OWNERSHIP PLAN is approximately $1,543.00
Investing in this additonal $1,543.00 for 20 years would give you extra $98,765.00, assuming a 10% annual return.

HURT & PROFFITT, INC. EMPLOYEE STOCK OWNERSHIP PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of HURT & PROFFITT, INC. EMPLOYEE STOCK OWNERSHIP PLAN is 22.56%.

HURT & PROFFITT, INC. EMPLOYEE STOCK OWNERSHIP PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for HURT & PROFFITT, INC. EMPLOYEE STOCK OWNERSHIP PLAN is 11.38%. This measures the effectiveness of the plan participants' investments in the year.

HURT & PROFFITT, INC. EMPLOYEE STOCK OWNERSHIP PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of HURT & PROFFITT, INC. EMPLOYEE STOCK OWNERSHIP PLAN is 0.00%.

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