NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN

Plan Contact

  • Address: 10700 EVENDALE DRIVE,CINCINNATI,OH
  • Phone: (513) 587-2488

Plan General Information

NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN is $7,144,255.00.This plan was established in 1996.

NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN is 312

NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN is $22,898.00

NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN is $2,461.00.

NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN is approximately $375.00
Investing in this additonal $375.00 for 20 years would give you extra $24,020.00, assuming a 10% annual return.

NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN allocates $117,100.00 to match its employees' contributions, providing an employer match rate of 16.90% of their contributions

NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN is 0.24%.

NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN is 16.72%. This measures the effectiveness of the plan participants' investments in the year.

NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN is 0.35%.

Enrollment Features

NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT 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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