POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST

Plan Contact

  • Address: 1000 PARKWOOD CIR SE STE 600,ATLANTA,GA
  • Contact person: ERIC QUELLA
  • Phone: (770) 858-7540

Plan General Information

POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST is $12,246,100.00.This plan was established in 1996.

POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST is 241

POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST Average Participant Retirement Account Value

In 2023, the average participant retirement account value for POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST is $50,813.00

POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST is $5,739.00.

POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST is approximately $1,098.00
Investing in this additonal $1,098.00 for 20 years would give you extra $70,275.00, assuming a 10% annual return.

POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST Total Employer Contribution and Match Rate

In 2023, POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST allocates $264,632.00 to match its employees' contributions, providing an employer match rate of 19.37% of their contributions

POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST is 12.23%.

POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST is 14.18%. This measures the effectiveness of the plan participants' investments in the year.

POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST Expense Ratio

In 2023, the investment and administrative expense ratio of POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST is 0.04%.

Enrollment Features

POINTENORTH INSURANCE GROUP, LLC 401(K) PROFIT SHA RING PLAN & TRUST 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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