YOUNG TRUCK SALES, INC. 401 (K) PLAN

  • Address: 4970 SOUTHWAY ST SW,CANTON,OH
  • Contact person: DIANA LOY
  • Phone: (330) 453-3868
Investment Options of YOUNG TRUCK SALES, INC. 401 (K) PLAN (as of 2022)
PRIN SMCAPGROWTH I SEP ACCT-Z (PRINCIPAL LIFE INSURANCE COMPANY)

YOUNG TRUCK SALES, INC. 401 (K) 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.

At the end of 2022, the total retirement plan assets of YOUNG TRUCK SALES, INC. 401 (K) PLAN is $8,654,553.00.This plan was established in 1969.

At the end of 2022, the total number of retirement plan participants in YOUNG TRUCK SALES, INC. 401 (K) PLAN is 181

In 2022, the average participant retirement account value for YOUNG TRUCK SALES, INC. 401 (K) PLAN is $47,815.00

In 2022, the estimated average employee contribution amount per participant for YOUNG TRUCK SALES, INC. 401 (K) PLAN is $3,851.00

In 2022, the estimated average employer match for an employee in YOUNG TRUCK SALES, INC. 401 (K) PLAN is approximately $1,561.00

In 2022, YOUNG TRUCK SALES, INC. 401 (K) PLAN allocates $282,694.00 to match its employees' contributions, providing an employer match rate of 40.78% of their contributions

In 2022, the total retirement plan asset growth rate of YOUNG TRUCK SALES, INC. 401 (K) PLAN is -14.34%

In 2022, the estimated aggregate retirement account investment gain/loss for YOUNG TRUCK SALES, INC. 401 (K) PLAN is -12.31%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of YOUNG TRUCK SALES, INC. 401 (K) PLAN is 0.54%.

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