TRUCK CENTERS, INC. 401(K) PLAN
Plan Contact
- Address: 2280 FORMOSA ROAD,TROY,IL
- Contact person: JENNIFER PRICE
- Phone: (618) 667-3454
Plan General Information
TRUCK CENTERS, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of TRUCK CENTERS, INC. 401(K) PLAN is $59,581,491.00.This plan was established in 1986.
TRUCK CENTERS, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in TRUCK CENTERS, INC. 401(K) PLAN is 855
TRUCK CENTERS, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for TRUCK CENTERS, INC. 401(K) PLAN is $69,685.00
TRUCK CENTERS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for TRUCK CENTERS, INC. 401(K) PLAN is $4,510.00.
TRUCK CENTERS, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in TRUCK CENTERS, INC. 401(K) PLAN is approximately $1,584.00
Investing in this additonal $1,584.00 for 20 years would give you extra $101,382.00, assuming a 10% annual return.
Investing in this additonal $1,584.00 for 20 years would give you extra $101,382.00, assuming a 10% annual return.
TRUCK CENTERS, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, TRUCK CENTERS, INC. 401(K) PLAN allocates $1,354,407.00 to match its employees' contributions, providing an employer match rate of 36.25% of their contributions
TRUCK CENTERS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of TRUCK CENTERS, INC. 401(K) PLAN is 14.15%.
TRUCK CENTERS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for TRUCK CENTERS, INC. 401(K) PLAN is 15.48%. This measures the effectiveness of the plan participants' investments in the year.
TRUCK CENTERS, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of TRUCK CENTERS, INC. 401(K) PLAN is 0.16%.
Enrollment Features
TRUCK CENTERS, 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.
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