TOWNLEY ENGINEERING AND MANUFACTURING COMPANY, INC. 401(K) PLAN

  • Address: 10551 S.E. 110TH ST ROAD PO BOX 221,CANDLER,FL
  • Contact person: MFGACCOUNTING
  • Phone: (352) 687-3001

TOWNLEY ENGINEERING AND MANUFACTURING COMPANY, INC. 401(K) 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.

At the end of 2022, the total retirement plan assets of TOWNLEY ENGINEERING AND MANUFACTURING COMPANY, INC. 401(K) PLAN is $12,087,065.00.This plan was established in 1998.

At the end of 2022, the total number of retirement plan participants in TOWNLEY ENGINEERING AND MANUFACTURING COMPANY, INC. 401(K) PLAN is 372

In 2022, the average participant retirement account value for TOWNLEY ENGINEERING AND MANUFACTURING COMPANY, INC. 401(K) PLAN is $32,492.00

In 2022, the estimated average employee contribution amount per participant for TOWNLEY ENGINEERING AND MANUFACTURING COMPANY, INC. 401(K) PLAN is $2,774.00

In 2022, the estimated average employer match for an employee in TOWNLEY ENGINEERING AND MANUFACTURING COMPANY, INC. 401(K) PLAN is approximately $644.00

In 2022, TOWNLEY ENGINEERING AND MANUFACTURING COMPANY, INC. 401(K) PLAN allocates $239,641.00 to match its employees' contributions, providing an employer match rate of 23.28% of their contributions

In 2022, the total retirement plan asset growth rate of TOWNLEY ENGINEERING AND MANUFACTURING COMPANY, INC. 401(K) PLAN is -12.22%

In 2022, the estimated aggregate retirement account investment gain/loss for TOWNLEY ENGINEERING AND MANUFACTURING COMPANY, INC. 401(K) PLAN is -16.60%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of TOWNLEY ENGINEERING AND MANUFACTURING COMPANY, INC. 401(K) PLAN is 0.29%.

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