PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 4520 BROADWAY,QUINCY,IL
  • Phone: (217) 222-1368

Plan General Information

PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN is $7,962,331.00.This plan was established in 2000.

PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN is 325

PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN is $24,499.00

PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN is $1,437.00.

PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN is approximately $930.00
Investing in this additonal $930.00 for 20 years would give you extra $59,537.00, assuming a 10% annual return.

PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN allocates $302,339.00 to match its employees' contributions, providing an employer match rate of 65.71% of their contributions

PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN is 15.78%.

PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN is 21.91%. This measures the effectiveness of the plan participants' investments in the year.

PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN is 0.43%.

Enrollment Features

PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS 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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