MCKIE FORD LINCOLN, INC & AFFILIATES 401(K) PLAN

  • Address: PO BOX 740,RAPID CITY,SD
  • Contact person: ANDY KUIPERS
  • Phone: (605) 348-1400

MCKIE FORD LINCOLN, INC & AFFILIATES 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.

At the end of 2022, the total retirement plan assets of MCKIE FORD LINCOLN, INC & AFFILIATES 401(K) PLAN is $9,013,922.00.This plan was established in 1965.

At the end of 2022, the total number of retirement plan participants in MCKIE FORD LINCOLN, INC & AFFILIATES 401(K) PLAN is 170

In 2022, the average participant retirement account value for MCKIE FORD LINCOLN, INC & AFFILIATES 401(K) PLAN is $53,023.00

In 2022, the estimated average employee contribution amount per participant for MCKIE FORD LINCOLN, INC & AFFILIATES 401(K) PLAN is $3,873.00

In 2022, the estimated average employer match for an employee in MCKIE FORD LINCOLN, INC & AFFILIATES 401(K) PLAN is approximately $442.00

In 2022, MCKIE FORD LINCOLN, INC & AFFILIATES 401(K) PLAN allocates $75,169.00 to match its employees' contributions, providing an employer match rate of 11.35% of their contributions

In 2022, the total retirement plan asset growth rate of MCKIE FORD LINCOLN, INC & AFFILIATES 401(K) PLAN is -16.26%

In 2022, the estimated aggregate retirement account investment gain/loss for MCKIE FORD LINCOLN, INC & AFFILIATES 401(K) PLAN is -16.62%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of MCKIE FORD LINCOLN, INC & AFFILIATES 401(K) PLAN is 0.40%.

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