TRUCK-LITE CO., LLC THRIFT PLAN
Plan Contact
- Address: 5340 FRYLING RD STE 300,ERIE,PA
- Contact person: KEVIN HORNER
- Phone: (716) 661-1141
Plan General Information
TRUCK-LITE CO., LLC THRIFT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of TRUCK-LITE CO., LLC THRIFT PLAN is $60,931,886.00.This plan was established in 2006.
TRUCK-LITE CO., LLC THRIFT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in TRUCK-LITE CO., LLC THRIFT PLAN is 1018
TRUCK-LITE CO., LLC THRIFT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for TRUCK-LITE CO., LLC THRIFT PLAN is $59,854.00
TRUCK-LITE CO., LLC THRIFT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for TRUCK-LITE CO., LLC THRIFT PLAN is $3,649.00.
TRUCK-LITE CO., LLC THRIFT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in TRUCK-LITE CO., LLC THRIFT PLAN is approximately $1,502.00
Investing in this additonal $1,502.00 for 20 years would give you extra $96,159.00, assuming a 10% annual return.
Investing in this additonal $1,502.00 for 20 years would give you extra $96,159.00, assuming a 10% annual return.
TRUCK-LITE CO., LLC THRIFT PLAN Total Employer Contribution and Match Rate
In 2023, TRUCK-LITE CO., LLC THRIFT PLAN allocates $1,529,532.00 to match its employees' contributions, providing an employer match rate of 44.25% of their contributions
TRUCK-LITE CO., LLC THRIFT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of TRUCK-LITE CO., LLC THRIFT PLAN is 16.04%.
TRUCK-LITE CO., LLC THRIFT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for TRUCK-LITE CO., LLC THRIFT PLAN is 17.36%. This measures the effectiveness of the plan participants' investments in the year.
TRUCK-LITE CO., LLC THRIFT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of TRUCK-LITE CO., LLC THRIFT PLAN is 0.22%.
Enrollment Features
TRUCK-LITE CO., LLC THRIFT PLAN 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.
Recent Articles
- Special Issue: Staying the Course Amid Market Turmoil
- A Step-by-Step Guide to Finding Your Old 401(k) Account
- How Paying Credit Card Interest Often Hurts Your Credit Score
- The ABCs of Roth Conversions: Backdoor, Mega Backdoor, and More
- April 2025 MyPlanIQ Portfolio Update
- Paying Off Debt or Funding Retirement? How to Decide When Every Dollar Counts
- The Right Way to Withdraw from Your 401(k) Without Regret
- Retirement Plan Contribution Limits in 2025
- Need to Withdraw From Your 401(k)? Follow This Order: Hardship Withdrawal, 401(k) Loan, and Penalty Withdrawal
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more …
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 …) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more …
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this ‘lazy’ portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan …