REESE CENTRAL WHOLESALE, INC. 401(K) PLAN

Plan Contact

  • Address: 1155 E. 54H STREET,INDIANAPOLIS,IN
  • Contact person: STEPHEN MCCOMBS
  • Phone: (317) 202-8213

Plan General Information

REESE CENTRAL WHOLESALE, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of REESE CENTRAL WHOLESALE, INC. 401(K) PLAN is $8,562,220.00.This plan was established in 1990.

REESE CENTRAL WHOLESALE, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in REESE CENTRAL WHOLESALE, INC. 401(K) PLAN is 172

REESE CENTRAL WHOLESALE, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for REESE CENTRAL WHOLESALE, INC. 401(K) PLAN is $49,780.00

REESE CENTRAL WHOLESALE, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for REESE CENTRAL WHOLESALE, INC. 401(K) PLAN is $3,825.00.

REESE CENTRAL WHOLESALE, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in REESE CENTRAL WHOLESALE, INC. 401(K) PLAN is approximately $1,020.00
Investing in this additonal $1,020.00 for 20 years would give you extra $65,285.00, assuming a 10% annual return.

REESE CENTRAL WHOLESALE, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, REESE CENTRAL WHOLESALE, INC. 401(K) PLAN allocates $175,456.00 to match its employees' contributions, providing an employer match rate of 29.22% of their contributions

REESE CENTRAL WHOLESALE, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of REESE CENTRAL WHOLESALE, INC. 401(K) PLAN is 23.27%.

REESE CENTRAL WHOLESALE, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for REESE CENTRAL WHOLESALE, INC. 401(K) PLAN is 15.50%. This measures the effectiveness of the plan participants' investments in the year.

REESE CENTRAL WHOLESALE, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of REESE CENTRAL WHOLESALE, INC. 401(K) PLAN is 0.53%.

Enrollment Features

REESE CENTRAL WHOLESALE, INC. 401(K) 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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