PRESTOLITE RETIREMENT SAVINGS PLAN
Plan Contact
- Address: 400 MAIN STREET,ARCADE,NY
- Contact person: JULIE URBANIAK
- Phone: (585) 492-1700
Plan General Information
PRESTOLITE RETIREMENT SAVINGS PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of PRESTOLITE RETIREMENT SAVINGS PLAN is $21,380,824.00.This plan was established in 1986.
PRESTOLITE RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in PRESTOLITE RETIREMENT SAVINGS PLAN is 294
PRESTOLITE RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for PRESTOLITE RETIREMENT SAVINGS PLAN is $72,723.00
PRESTOLITE RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for PRESTOLITE RETIREMENT SAVINGS PLAN is $2,962.00.
PRESTOLITE RETIREMENT SAVINGS PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in PRESTOLITE RETIREMENT SAVINGS PLAN is approximately $714.00
Investing in this additonal $714.00 for 20 years would give you extra $45,713.00, assuming a 10% annual return.
Investing in this additonal $714.00 for 20 years would give you extra $45,713.00, assuming a 10% annual return.
PRESTOLITE RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate
In 2023, PRESTOLITE RETIREMENT SAVINGS PLAN allocates $209,996.00 to match its employees' contributions, providing an employer match rate of 27.32% of their contributions
PRESTOLITE RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of PRESTOLITE RETIREMENT SAVINGS PLAN is 21.83%.
PRESTOLITE RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for PRESTOLITE RETIREMENT SAVINGS PLAN is 25.16%. This measures the effectiveness of the plan participants' investments in the year.
PRESTOLITE RETIREMENT SAVINGS PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of PRESTOLITE RETIREMENT SAVINGS PLAN is 0.32%.
Enrollment Features
PRESTOLITE RETIREMENT 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.
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