CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST

Plan Contact

  • Address: 2942 N. 117TH ST.,WAUWATOSA,WI
  • Contact person: RONALD ENGEL
  • Phone: (262) 786-5885

Plan General Information

CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST is $2,795,213.00.This plan was established in 2015.

CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST is 146

CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST Average Participant Retirement Account Value

In 2022, the average participant retirement account value for CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST is $19,145.00

CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST is $2,392.00.

CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST is approximately $1,222.00
Investing in this additonal $1,222.00 for 20 years would give you extra $78,230.00, assuming a 10% annual return.

CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST Total Employer Contribution and Match Rate

In 2022, CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST allocates $178,463.00 to match its employees' contributions, providing an employer match rate of 50.56% of their contributions

CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST is -2.38%.

CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST is -16.46%. This measures the effectiveness of the plan participants' investments in the year.

CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST Expense Ratio

In 2022, the investment and administrative expense ratio of CURRENT ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST is 0.50%.

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