PENN AUTOMOTIVE, INC. 401(K) PLAN

  • Address: 5331 DIXIE HWY,WATERFORD,MI
  • Contact person: CINDY FAIRCHILD
  • Phone: (248) 599-3700

PENN AUTOMOTIVE, 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.

At the end of 2022, the total retirement plan assets of PENN AUTOMOTIVE, INC. 401(K) PLAN is $6,239,719.00.This plan was established in 2004.

At the end of 2022, the total number of retirement plan participants in PENN AUTOMOTIVE, INC. 401(K) PLAN is 146

In 2022, the average participant retirement account value for PENN AUTOMOTIVE, INC. 401(K) PLAN is $42,737.00

In 2022, the estimated average employee contribution amount per participant for PENN AUTOMOTIVE, INC. 401(K) PLAN is $2,842.00

In 2022, the estimated average employer match for an employee in PENN AUTOMOTIVE, INC. 401(K) PLAN is approximately $1,075.00

In 2022, PENN AUTOMOTIVE, INC. 401(K) PLAN allocates $157,029.00 to match its employees' contributions, providing an employer match rate of 42.33% of their contributions

In 2022, the total retirement plan asset growth rate of PENN AUTOMOTIVE, INC. 401(K) PLAN is -22.97%

In 2022, the estimated aggregate retirement account investment gain/loss for PENN AUTOMOTIVE, INC. 401(K) PLAN is -16.88%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of PENN AUTOMOTIVE, INC. 401(K) PLAN is 0.09%.

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