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TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN

Plan Contact

  • Address: 15 BULL STREET,,SAVANNAH,GA
  • Contact person: ALLISON MEDICA
  • Phone: (912) 525-2675

Plan General Information

TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN is $43,817,984.00.This plan was established in 2002.

TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN is 3778

TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN is $11,598.00

TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN is $2,308.00.

TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN is approximately $423.00
Investing in this additonal $423.00 for 20 years would give you extra $27,130.00, assuming a 10% annual return.

TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN allocates $1,601,539.00 to match its employees' contributions, providing an employer match rate of 20.30% of their contributions

TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN is 22.31%.

TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN is 18.17%. This measures the effectiveness of the plan participants' investments in the year.

TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN is 0.29%.

Enrollment Features

TITLEMAX EMPLOYEE'S INCENTIVE SAVINGS PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.


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