PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST
Plan Contact
- Address: P.O. BOX 1438,OPELOUSAS,LA
- Phone: (337) 942-5689
Plan General Information
PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST is $16,622,265.00.This plan was established in 2014.
PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST is 456
PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST Average Participant Retirement Account Value
In 2023, the average participant retirement account value for PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST is $36,452.00
PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST is $6,070.00.
PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST is approximately $1,968.00
Investing in this additonal $1,968.00 for 20 years would give you extra $125,952.00, assuming a 10% annual return.
Investing in this additonal $1,968.00 for 20 years would give you extra $125,952.00, assuming a 10% annual return.
PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST Total Employer Contribution and Match Rate
In 2023, PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST allocates $897,410.00 to match its employees' contributions, providing an employer match rate of 64.84% of their contributions
PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST is 20.04%.
PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST is 16.01%. This measures the effectiveness of the plan participants' investments in the year.
PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST Expense Ratio
In 2023, the investment and administrative expense ratio of PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND TRUST is 0.38%.
Enrollment Features
PROGRESSIVE TRACTOR & IMPLEMENT CO., L.L.C. 401(K) PLAN AND 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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