RENWOOD MILLS, LLC 401(K) PLAN
Plan Contact
- Address: 11 N. BRADY AVE., P.O. BOX 350,NEWTON,NC
- Phone: (828) 464-1611
Plan General Information
RENWOOD MILLS, LLC 401(K) PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of RENWOOD MILLS, LLC 401(K) PLAN is $614,226.00.This plan was established in 1964.
RENWOOD MILLS, LLC 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in RENWOOD MILLS, LLC 401(K) PLAN is 138
RENWOOD MILLS, LLC 401(K) PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for RENWOOD MILLS, LLC 401(K) PLAN is $4,450.00
RENWOOD MILLS, LLC 401(K) PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for RENWOOD MILLS, LLC 401(K) PLAN is $1,281.00.
RENWOOD MILLS, LLC 401(K) PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in RENWOOD MILLS, LLC 401(K) PLAN is approximately $416.00
Investing in this additonal $416.00 for 20 years would give you extra $26,677.00, assuming a 10% annual return.
Investing in this additonal $416.00 for 20 years would give you extra $26,677.00, assuming a 10% annual return.
RENWOOD MILLS, LLC 401(K) PLAN Total Employer Contribution and Match Rate
In 2022, RENWOOD MILLS, LLC 401(K) PLAN allocates $57,523.00 to match its employees' contributions, providing an employer match rate of 32.64% of their contributions
RENWOOD MILLS, LLC 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of RENWOOD MILLS, LLC 401(K) PLAN is -78.72%.
RENWOOD MILLS, LLC 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for RENWOOD MILLS, LLC 401(K) PLAN is -25.92%. This measures the effectiveness of the plan participants' investments in the year.
RENWOOD MILLS, LLC 401(K) PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of RENWOOD MILLS, LLC 401(K) PLAN is 6.16%.
Enrollment Features
RENWOOD MILLS, LLC 401(K) PLAN 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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