NOKIAN TYRES, INC. 401(K) PLAN

Plan Contact

  • Address: 520 NOKIAN TYRES DR.,DAYTON,TN
  • Contact person: JEAN MOLONEY
  • Phone: (800) 565-2525

Plan General Information

NOKIAN TYRES, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of NOKIAN TYRES, INC. 401(K) PLAN is $19,449,426.00.This plan was established in 1998.

NOKIAN TYRES, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in NOKIAN TYRES, INC. 401(K) PLAN is 561

NOKIAN TYRES, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for NOKIAN TYRES, INC. 401(K) PLAN is $34,669.00

NOKIAN TYRES, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for NOKIAN TYRES, INC. 401(K) PLAN is $3,594.00.

NOKIAN TYRES, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in NOKIAN TYRES, INC. 401(K) PLAN is approximately $1,561.00
Investing in this additonal $1,561.00 for 20 years would give you extra $99,937.00, assuming a 10% annual return.

NOKIAN TYRES, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, NOKIAN TYRES, INC. 401(K) PLAN allocates $876,018.00 to match its employees' contributions, providing an employer match rate of 57.28% of their contributions

NOKIAN TYRES, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of NOKIAN TYRES, INC. 401(K) PLAN is 28.40%.

NOKIAN TYRES, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for NOKIAN TYRES, INC. 401(K) PLAN is 18.18%. This measures the effectiveness of the plan participants' investments in the year.

NOKIAN TYRES, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of NOKIAN TYRES, INC. 401(K) PLAN is 0.14%.

Enrollment Features

NOKIAN TYRES, INC. 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

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