AVON MACHINING, LLC 401(K) PLAN
Plan Contact
- Address: 11968 INVESTMENT DR.,SHELBY TOWNSHIP,MI
- Phone: (586) 884-2200
Plan General Information
AVON MACHINING, LLC 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of AVON MACHINING, LLC 401(K) PLAN is $2,287,601.00.This plan was established in 1998.
AVON MACHINING, LLC 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in AVON MACHINING, LLC 401(K) PLAN is 130
AVON MACHINING, LLC 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for AVON MACHINING, LLC 401(K) PLAN is $17,596.00
AVON MACHINING, LLC 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for AVON MACHINING, LLC 401(K) PLAN is $2,820.00.
AVON MACHINING, LLC 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in AVON MACHINING, LLC 401(K) PLAN is approximately $421.00
Investing in this additonal $421.00 for 20 years would give you extra $26,999.00, assuming a 10% annual return.
Investing in this additonal $421.00 for 20 years would give you extra $26,999.00, assuming a 10% annual return.
AVON MACHINING, LLC 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, AVON MACHINING, LLC 401(K) PLAN allocates $54,843.00 to match its employees' contributions, providing an employer match rate of 15.81% of their contributions
AVON MACHINING, LLC 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of AVON MACHINING, LLC 401(K) PLAN is 13.44%.
AVON MACHINING, LLC 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for AVON MACHINING, LLC 401(K) PLAN is 16.27%. This measures the effectiveness of the plan participants' investments in the year.
AVON MACHINING, LLC 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of AVON MACHINING, LLC 401(K) PLAN is 0.99%.
Enrollment Features
AVON MACHINING, LLC 401(K) 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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