ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN

Plan Contact

  • Address: 10561 N. GRAND VIEW LANE,IRONWOOD,MI
  • Contact person: KERI VAN EPERN
  • Phone: (906) 932-2525

Plan General Information

ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2016, the total retirement plan assets of ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN is $26,571,318.00.This plan was established in 1985.

ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2016, the total number of retirement plan participants in ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN is 413

ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN Average Participant Retirement Account Value

In 2016, the average participant retirement account value for ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN is $64,337.00

ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2016, the estimated average employee contribution amount per participant for ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN is $5,510.00.

ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN Estimated Average Employer Match

In 2016, the estimated average employer match for an employee in ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN is approximately $1,733.00
Investing in this additonal $1,733.00 for 20 years would give you extra $110,947.00, assuming a 10% annual return.

ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2016, ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN allocates $715,959.00 to match its employees' contributions, providing an employer match rate of 62.92% of their contributions

ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2016, the total retirement plan asset growth rate of ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN is 2.82%.

ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2016, the estimated aggregate retirement account investment gain/loss for ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN is 8.89%. This measures the effectiveness of the plan participants' investments in the year.

ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN Expense Ratio

In 2016, the investment and administrative expense ratio of ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN is 0.40%.

Enrollment Features

ASPIRUS GRAND VIEW EMPLOYEE RETIREMENT PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.


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