TAC RETIREMENT PLAN

Plan Contact

  • Address: PO BOX 1481,TEXARKANA,TX
  • Contact person: JIM DAY
  • Phone: (903) 794-3835

Plan General Information

TAC RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of TAC RETIREMENT PLAN is $56,650,357.00.This plan was established in 1969.

TAC RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in TAC RETIREMENT PLAN is 747

TAC RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for TAC RETIREMENT PLAN is $75,837.00

TAC RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for TAC RETIREMENT PLAN is $3,395.00.

TAC RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in TAC RETIREMENT PLAN is approximately $2,156.00
Investing in this additonal $2,156.00 for 20 years would give you extra $138,031.00, assuming a 10% annual return.

TAC RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, TAC RETIREMENT PLAN allocates $1,611,090.00 to match its employees' contributions, providing an employer match rate of 127.04% of their contributions

TAC RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of TAC RETIREMENT PLAN is 13.23%.

TAC RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for TAC RETIREMENT PLAN is 16.59%. This measures the effectiveness of the plan participants' investments in the year.

TAC RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of TAC RETIREMENT PLAN is 0.33%.

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