SUMMIT AEROSPACE INC 401(K) PROFIT SHARING PLAN & TRUST
Plan Contact
- Address: 8130 NW 74TH AVE,MEDLEY,FL
- Contact person: EDWARD ROJAS
- Phone: (305) 267-6405
Plan General Information
SUMMIT AEROSPACE INC 401(K) PROFIT SHARING PLAN & TRUST Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of SUMMIT AEROSPACE INC 401(K) PROFIT SHARING PLAN & TRUST is $1,102,884.00.This plan was established in 2018.
SUMMIT AEROSPACE INC 401(K) PROFIT SHARING PLAN & TRUST Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in SUMMIT AEROSPACE INC 401(K) PROFIT SHARING PLAN & TRUST is 168
SUMMIT AEROSPACE INC 401(K) PROFIT SHARING PLAN & TRUST Average Participant Retirement Account Value
In 2022, the average participant retirement account value for SUMMIT AEROSPACE INC 401(K) PROFIT SHARING PLAN & TRUST is $6,564.00
SUMMIT AEROSPACE INC 401(K) PROFIT SHARING PLAN & TRUST Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for SUMMIT AEROSPACE INC 401(K) PROFIT SHARING PLAN & TRUST is $1,910.00.
SUMMIT AEROSPACE INC 401(K) PROFIT SHARING PLAN & TRUST Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of SUMMIT AEROSPACE INC 401(K) PROFIT SHARING PLAN & TRUST is 4.37%.
SUMMIT AEROSPACE INC 401(K) PROFIT SHARING PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for SUMMIT AEROSPACE INC 401(K) PROFIT SHARING PLAN & TRUST is -13.74%. This measures the effectiveness of the plan participants' investments in the year.
SUMMIT AEROSPACE INC 401(K) PROFIT SHARING PLAN & TRUST Expense Ratio
In 2022, the investment and administrative expense ratio of SUMMIT AEROSPACE INC 401(K) PROFIT SHARING PLAN & TRUST is 1.48%.
Enrollment Features
SUMMIT AEROSPACE INC 401(K) PROFIT SHARING PLAN & 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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