WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST
Plan Contact
- Address: 8531 BASH ST,INDIANAPOLIS,IN
- Contact person: MATT THOMAS
- Phone: (317) 585-7870
Plan General Information
WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST is $258,574,812.00.This plan was established in 1999.
WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST is 6617
WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST Average Participant Retirement Account Value
In 2023, the average participant retirement account value for WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST is $39,077.00
WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST is $3,539.00.
WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST is approximately $1,576.00
Investing in this additonal $1,576.00 for 20 years would give you extra $100,912.00, assuming a 10% annual return.
Investing in this additonal $1,576.00 for 20 years would give you extra $100,912.00, assuming a 10% annual return.
WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST Total Employer Contribution and Match Rate
In 2023, WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST allocates $10,433,415.00 to match its employees' contributions, providing an employer match rate of 50.48% of their contributions
WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST is 24.34%.
WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST is 18.67%. This measures the effectiveness of the plan participants' investments in the year.
WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST Expense Ratio
In 2023, the investment and administrative expense ratio of WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST is 0.17%.
Enrollment Features
WORKSMART SYSTEMS, INC. 401(K)PROFIT SHARING PLAN AND TRUST 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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