ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL
Plan Contact
- Address: 3523 HIGHLAND DRIVE,HUDSONVILLE,MI
- Contact person: STEPHANIE DARLING
- Phone: (616) 669-7711
Plan General Information
ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL Total Retirement Plan Assets
At the end of 2021, the total retirement plan assets of ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL is $16,215,060.00.This plan was established in 2022.
ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL is 160
ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL Average Participant Retirement Account Value
In 2021, the average participant retirement account value for ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL is $101,344.00
ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL is $5,876.00.
ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL is approximately $1,705.00
Investing in this additonal $1,705.00 for 20 years would give you extra $109,164.00, assuming a 10% annual return.
Investing in this additonal $1,705.00 for 20 years would give you extra $109,164.00, assuming a 10% annual return.
ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL Total Employer Contribution and Match Rate
In 2021, ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL allocates $272,910.00 to match its employees' contributions, providing an employer match rate of 29.03% of their contributions
ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL Total Retirement Plan Asset Growth Rate
In 2021, the total retirement plan asset growth rate of ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL is 23.21%.
ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL Estimated Aggregate Retirement Account Investment Gain/Loss
In 2021, the estimated aggregate retirement account investment gain/loss for ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL is 15.72%. This measures the effectiveness of the plan participants' investments in the year.
ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL Expense Ratio
In 2021, the investment and administrative expense ratio of ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL is 0.44%.
Enrollment Features
ALTRON AUTOMATION GROUP, INC. 401(K) RETIREMENT PL 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.
Recent Articles
- Lazy Portfolios in Different Market Conditions
- Tax-Efficient Lazy Portfolios
- Lazy Portfolios for Retirement Investing
- How to Implement a Lazy Portfolio
- What Are Lazy Portfolios?
- IRAs as One of the Emergency Fund Sources
- How to Borrow From an IRA?
- Special Issue: Staying the Course Amid Market Turmoil
- A Step-by-Step Guide to Finding Your Old 401(k) Account
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more ...
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 ...) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more ...
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this 'lazy' portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan ...