TRU-TONE FINISHING, INC. 401(K) PLAN

Plan Contact

  • Address: 128 S LOMBARD RD,ADDISON,IL
  • Contact person: LORI ARD
  • Phone: (630) 543-5520

Plan General Information

TRU-TONE FINISHING, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of TRU-TONE FINISHING, INC. 401(K) PLAN is $3,150,929.00.This plan was established in 2007.

TRU-TONE FINISHING, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in TRU-TONE FINISHING, INC. 401(K) PLAN is 169

TRU-TONE FINISHING, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for TRU-TONE FINISHING, INC. 401(K) PLAN is $18,644.00

TRU-TONE FINISHING, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for TRU-TONE FINISHING, INC. 401(K) PLAN is $1,078.00.

TRU-TONE FINISHING, INC. 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in TRU-TONE FINISHING, INC. 401(K) PLAN is approximately $384.00
Investing in this additonal $384.00 for 20 years would give you extra $24,610.00, assuming a 10% annual return.

TRU-TONE FINISHING, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, TRU-TONE FINISHING, INC. 401(K) PLAN allocates $64,988.00 to match its employees' contributions, providing an employer match rate of 36.51% of their contributions

TRU-TONE FINISHING, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of TRU-TONE FINISHING, INC. 401(K) PLAN is -15.43%.

TRU-TONE FINISHING, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for TRU-TONE FINISHING, INC. 401(K) PLAN is -18.71%. This measures the effectiveness of the plan participants' investments in the year.

TRU-TONE FINISHING, INC. 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of TRU-TONE FINISHING, INC. 401(K) PLAN is 0.88%.

Enrollment Features

TRU-TONE FINISHING, 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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