THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED
Plan Contact
- Address: 541 EAST CLINTON STREET,ELMIRA,NY
- Contact person: CRYSTAL FREY
- Phone: (607) 734-8124
Plan General Information
THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED is $9,601,414.00.This plan was established in 1957.
THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED is 129
THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED Average Participant Retirement Account Value
In 2023, the average participant retirement account value for THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED is $74,429.00
THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED is $1,573.00.
THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED is approximately $462.00
Investing in this additonal $462.00 for 20 years would give you extra $29,583.00, assuming a 10% annual return.
Investing in this additonal $462.00 for 20 years would give you extra $29,583.00, assuming a 10% annual return.
THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED Total Employer Contribution and Match Rate
In 2023, THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED allocates $59,630.00 to match its employees' contributions, providing an employer match rate of 28.60% of their contributions
THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED is 7.96%.
THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED is 22.24%. This measures the effectiveness of the plan participants' investments in the year.
THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED Expense Ratio
In 2023, the investment and administrative expense ratio of THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED is 0.09%.
Enrollment Features
THE PROFIT SHARING RETIREMENT PLAN OF TRAYER PRODUCTS, INCORPORATED 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.
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