WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN

Plan Contact

  • Address: 200 OLD WILSON BRIDGE ROAD,COLUMBUS,OH
  • Contact person: KEVIN CHAN
  • Phone: (614) 840-3787

Plan General Information

WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN is $864,594,499.00.This plan was established in 1970.

WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN is 7695

WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN is $112,357.00

WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN is $4,700.00.

WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN is approximately $2,774.00
Investing in this additonal $2,774.00 for 20 years would give you extra $177,568.00, assuming a 10% annual return.

WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2023, WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN allocates $21,349,872.00 to match its employees' contributions, providing an employer match rate of 60.27% of their contributions

WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN is 27.89%.

WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN is 31.88%. This measures the effectiveness of the plan participants' investments in the year.

WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING PLAN is -0.02%.

Enrollment Features

WORTHINGTON INDUSTRIES, INC. DEFERRED PROFIT SHARING 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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