RETIREMENT SAVINGS PLAN FOR EMPLOYEES OF CONTINENTAL - AUTOMOTIVE SYSTEMS

  • Address: 1830 MACMILLAN PARK DRIVE,FORT MILL,SC
  • Contact person: TED GOSSERT
  • Phone: (704) 583-3900

RETIREMENT SAVINGS PLAN FOR EMPLOYEES OF CONTINENTAL - AUTOMOTIVE SYSTEMS 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.

At the end of 2022, the total retirement plan assets of RETIREMENT SAVINGS PLAN FOR EMPLOYEES OF CONTINENTAL - AUTOMOTIVE SYSTEMS is $878,148,291.00.This plan was established in 2008.

At the end of 2022, the total number of retirement plan participants in RETIREMENT SAVINGS PLAN FOR EMPLOYEES OF CONTINENTAL - AUTOMOTIVE SYSTEMS is 4971

In 2022, the average participant retirement account value for RETIREMENT SAVINGS PLAN FOR EMPLOYEES OF CONTINENTAL - AUTOMOTIVE SYSTEMS is $176,654.00

In 2022, the estimated average employee contribution amount per participant for RETIREMENT SAVINGS PLAN FOR EMPLOYEES OF CONTINENTAL - AUTOMOTIVE SYSTEMS is $5,627.00

In 2022, the estimated average employer match for an employee in RETIREMENT SAVINGS PLAN FOR EMPLOYEES OF CONTINENTAL - AUTOMOTIVE SYSTEMS is approximately $3,990.00

In 2022, RETIREMENT SAVINGS PLAN FOR EMPLOYEES OF CONTINENTAL - AUTOMOTIVE SYSTEMS allocates $19,837,593.00 to match its employees' contributions, providing an employer match rate of 69.30% of their contributions

In 2022, the total retirement plan asset growth rate of RETIREMENT SAVINGS PLAN FOR EMPLOYEES OF CONTINENTAL - AUTOMOTIVE SYSTEMS is -22.34%

In 2022, the estimated aggregate retirement account investment gain/loss for RETIREMENT SAVINGS PLAN FOR EMPLOYEES OF CONTINENTAL - AUTOMOTIVE SYSTEMS is -19.34%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of RETIREMENT SAVINGS PLAN FOR EMPLOYEES OF CONTINENTAL - AUTOMOTIVE SYSTEMS is 0.04%.

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