NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN

Plan Contact

  • Address: 2255 MEDINA RD.,MEDINA,OH
  • Contact person: AARON MILLS
  • Phone: (330) 721-1914

Plan General Information

NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN is $1,156,973.00.This plan was established in 2019.

NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN is 137

NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN is $8,445.00

NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN is $1,960.00.

NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN is approximately $1,160.00
Investing in this additonal $1,160.00 for 20 years would give you extra $74,264.00, assuming a 10% annual return.

NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2022, NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN allocates $158,972.00 to match its employees' contributions, providing an employer match rate of 60.73% of their contributions

NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN is 7.21%.

NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN is -16.11%. This measures the effectiveness of the plan participants' investments in the year.

NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of NATIONAL DESIGN MART 401(K) & PROFIT SHARING PLAN is 1.66%.

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