PREVOST CAR 401K RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 7900 NATIONAL SERVICE RD,,GREENSBORO,NC
  • Contact person: CHERYL PLUMMER
  • Phone: (336) 895-5394

Plan General Information

PREVOST CAR 401K RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2020, the total retirement plan assets of PREVOST CAR 401K RETIREMENT SAVINGS PLAN is $68,906,913.00.This plan was established in 1990.

PREVOST CAR 401K RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in PREVOST CAR 401K RETIREMENT SAVINGS PLAN is 930

PREVOST CAR 401K RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2020, the average participant retirement account value for PREVOST CAR 401K RETIREMENT SAVINGS PLAN is $74,093.00

PREVOST CAR 401K RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for PREVOST CAR 401K RETIREMENT SAVINGS PLAN is $5,587.00.

PREVOST CAR 401K RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in PREVOST CAR 401K RETIREMENT SAVINGS PLAN is approximately $3,778.00
Investing in this additonal $3,778.00 for 20 years would give you extra $241,793.00, assuming a 10% annual return.

PREVOST CAR 401K RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2020, PREVOST CAR 401K RETIREMENT SAVINGS PLAN allocates $3,513,556.00 to match its employees' contributions, providing an employer match rate of 135.24% of their contributions

PREVOST CAR 401K RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2020, the total retirement plan asset growth rate of PREVOST CAR 401K RETIREMENT SAVINGS PLAN is 5.82%.

PREVOST CAR 401K RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2020, the estimated aggregate retirement account investment gain/loss for PREVOST CAR 401K RETIREMENT SAVINGS PLAN is 16.35%. This measures the effectiveness of the plan participants' investments in the year.

PREVOST CAR 401K RETIREMENT SAVINGS PLAN Expense Ratio

In 2020, the investment and administrative expense ratio of PREVOST CAR 401K RETIREMENT SAVINGS PLAN is 0.12%.

Enrollment Features

PREVOST CAR 401K 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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