STEPHENSON EQUIPMENT, INC. 401(K) PLAN

  • Address: 7201 PAXTON STREET,HARRISBURG,PA
  • Contact person: JENNIFER L. PETERSHEIM
  • Phone: (717) 564-3434

STEPHENSON EQUIPMENT, 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.

At the end of 2022, the total retirement plan assets of STEPHENSON EQUIPMENT, INC. 401(K) PLAN is $15,578,049.00.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in STEPHENSON EQUIPMENT, INC. 401(K) PLAN is 235

In 2022, the average participant retirement account value for STEPHENSON EQUIPMENT, INC. 401(K) PLAN is $66,289.00

In 2022, the estimated average employee contribution amount per participant for STEPHENSON EQUIPMENT, INC. 401(K) PLAN is $6,682.00

In 2022, the estimated average employer match for an employee in STEPHENSON EQUIPMENT, INC. 401(K) PLAN is approximately $1,571.00

In 2022, STEPHENSON EQUIPMENT, INC. 401(K) PLAN allocates $369,276.00 to match its employees' contributions, providing an employer match rate of 25.18% of their contributions

In 2022, the total retirement plan asset growth rate of STEPHENSON EQUIPMENT, INC. 401(K) PLAN is -11.27%

In 2022, the estimated aggregate retirement account investment gain/loss for STEPHENSON EQUIPMENT, INC. 401(K) PLAN is -16.79%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of STEPHENSON EQUIPMENT, INC. 401(K) PLAN is 0.09%.

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