PERFORMANCE BANKERS, INC. PROFIT SHARING AND 401K SAVINGS PLAN
- Address: PO BOX 7140,,PIERRE,SD
- Contact person: BRENT OLTHOFF
- Phone: (605) 945-3950
PERFORMANCE BANKERS, INC. PROFIT SHARING AND 401K SAVINGS 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.
At the end of 2021, the total retirement plan assets of PERFORMANCE BANKERS, INC. PROFIT SHARING AND 401K SAVINGS PLAN is $87,351,036.00.This plan was established in 2022.
At the end of 2021, the total number of retirement plan participants in PERFORMANCE BANKERS, INC. PROFIT SHARING AND 401K SAVINGS PLAN is 804
In 2021, the average participant retirement account value for PERFORMANCE BANKERS, INC. PROFIT SHARING AND 401K SAVINGS PLAN is $108,645.00
In 2021, the estimated average employee contribution amount per participant for PERFORMANCE BANKERS, INC. PROFIT SHARING AND 401K SAVINGS PLAN is $4,669.00
In 2021, the estimated average employer match for an employee in PERFORMANCE BANKERS, INC. PROFIT SHARING AND 401K SAVINGS PLAN is approximately $2,850.00
In 2021, PERFORMANCE BANKERS, INC. PROFIT SHARING AND 401K SAVINGS PLAN allocates $2,291,621.00 to match its employees' contributions, providing an employer match rate of 61.04% of their contributions
In 2021, the total retirement plan asset growth rate of PERFORMANCE BANKERS, INC. PROFIT SHARING AND 401K SAVINGS PLAN is 15.92%
In 2021, the estimated aggregate retirement account investment gain/loss for PERFORMANCE BANKERS, INC. PROFIT SHARING AND 401K SAVINGS PLAN is 14.68%. This measures the effectiveness of the plan participants' investments in the year.
In 2021, the investment and administrative expense ratio of PERFORMANCE BANKERS, INC. PROFIT SHARING AND 401K SAVINGS PLAN is 0.22%.
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