J C LEWIS MOTOR CO., INC. 401(K) PLAN

Plan Contact

  • Address: 9505 ABERCORN ST.,SAVANNAH,GA
  • Contact person: CHRISTOPHER HULSE
  • Phone: (912) 629-9270

Plan General Information

J C LEWIS MOTOR CO., INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of J C LEWIS MOTOR CO., INC. 401(K) PLAN is $13,298,020.00.This plan was established in 1980.

J C LEWIS MOTOR CO., INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in J C LEWIS MOTOR CO., INC. 401(K) PLAN is 267

J C LEWIS MOTOR CO., INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for J C LEWIS MOTOR CO., INC. 401(K) PLAN is $49,805.00

J C LEWIS MOTOR CO., INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for J C LEWIS MOTOR CO., INC. 401(K) PLAN is $4,316.00.

J C LEWIS MOTOR CO., INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in J C LEWIS MOTOR CO., INC. 401(K) PLAN is approximately $1,239.00
Investing in this additonal $1,239.00 for 20 years would give you extra $79,304.00, assuming a 10% annual return.

J C LEWIS MOTOR CO., INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, J C LEWIS MOTOR CO., INC. 401(K) PLAN allocates $330,849.00 to match its employees' contributions, providing an employer match rate of 29.37% of their contributions

J C LEWIS MOTOR CO., INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of J C LEWIS MOTOR CO., INC. 401(K) PLAN is 13.92%.

J C LEWIS MOTOR CO., INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for J C LEWIS MOTOR CO., INC. 401(K) PLAN is 11.57%. This measures the effectiveness of the plan participants' investments in the year.

J C LEWIS MOTOR CO., INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of J C LEWIS MOTOR CO., INC. 401(K) PLAN is 0.35%.

Enrollment Features

J C LEWIS MOTOR CO., INC. 401(K) 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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