PRODUCTIVITY, INC. SAVINGS & PROFIT SHARING PLAN AND TRUST

  • Address: 15120 25TH AVENUE NORTH,MINNEAPOLIS,MN
  • Contact person: CARRIE GRUMAN
  • Phone: (763) 742-1212

PRODUCTIVITY, INC. SAVINGS & PROFIT SHARING PLAN AND TRUST 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 2022, the total retirement plan assets of PRODUCTIVITY, INC. SAVINGS & PROFIT SHARING PLAN AND TRUST is $45,352,174.00.This plan was established in 1978.

At the end of 2022, the total number of retirement plan participants in PRODUCTIVITY, INC. SAVINGS & PROFIT SHARING PLAN AND TRUST is 372

In 2022, the average participant retirement account value for PRODUCTIVITY, INC. SAVINGS & PROFIT SHARING PLAN AND TRUST is $121,914.00

In 2022, the estimated average employee contribution amount per participant for PRODUCTIVITY, INC. SAVINGS & PROFIT SHARING PLAN AND TRUST is $8,277.00

In 2022, the estimated average employer match for an employee in PRODUCTIVITY, INC. SAVINGS & PROFIT SHARING PLAN AND TRUST is approximately $1,714.00

In 2022, PRODUCTIVITY, INC. SAVINGS & PROFIT SHARING PLAN AND TRUST allocates $637,858.00 to match its employees' contributions, providing an employer match rate of 21.05% of their contributions

In 2022, the total retirement plan asset growth rate of PRODUCTIVITY, INC. SAVINGS & PROFIT SHARING PLAN AND TRUST is -10.30%

In 2022, the estimated aggregate retirement account investment gain/loss for PRODUCTIVITY, INC. SAVINGS & PROFIT SHARING PLAN AND TRUST is -14.50%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of PRODUCTIVITY, INC. SAVINGS & PROFIT SHARING PLAN AND TRUST is 0.33%.

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