THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: 817 SOUTH TIBBS,INDIANAPOLIS,IN
  • Contact person: GLENN BARTHOLOMEW
  • Phone: (317) 247-4002

Plan General Information

THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN is $6,698,239.00.This plan was established in 1984.

THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN is 135

THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN is $49,616.00

THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN is $2,357.00.

THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN is approximately $836.00
Investing in this additonal $836.00 for 20 years would give you extra $53,535.00, assuming a 10% annual return.

THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2023, THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN allocates $112,927.00 to match its employees' contributions, providing an employer match rate of 33.62% of their contributions

THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN is 7.93%.

THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN is 16.07%. This measures the effectiveness of the plan participants' investments in the year.

THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN is 0.35%.

Enrollment Features

THERMO KING MIDWEST, INC. 401(K) PROFIT SHARING PLAN 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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