TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES
Plan Contact
- Address: 12001 TECH CENTER DRIVE,LIVONIA,MI
- Contact person: TAMIKA MONTGOMERY
- Phone: (734) 855-2600
Plan General Information
TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Total Retirement Plan Assets
At the end of 2020, the total retirement plan assets of TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is $48,019,702.00.This plan was established in 1985.
TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Total Number of Retirement Plan Participants
At the end of 2020, the total number of retirement plan participants in TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is 995
TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Average Participant Retirement Account Value
In 2020, the average participant retirement account value for TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is $48,261.00
TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Estimated Average Employee Contribution Amount
In 2020, the estimated average employee contribution amount per participant for TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is $2,659.00.
TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Estimated Average Employer Match
In 2020, the estimated average employer match for an employee in TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is approximately $919.00
Investing in this additonal $919.00 for 20 years would give you extra $58,827.00, assuming a 10% annual return.
Investing in this additonal $919.00 for 20 years would give you extra $58,827.00, assuming a 10% annual return.
TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Total Employer Contribution and Match Rate
In 2020, TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES allocates $914,580.00 to match its employees' contributions, providing an employer match rate of 69.12% of their contributions
TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Total Retirement Plan Asset Growth Rate
In 2020, the total retirement plan asset growth rate of TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is 18.89%.
TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss
In 2020, the estimated aggregate retirement account investment gain/loss for TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is 30.67%. This measures the effectiveness of the plan participants' investments in the year.
TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Expense Ratio
In 2020, the investment and administrative expense ratio of TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is 0.11%.
Enrollment Features
TRW AUTOMOTIVE RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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