EAST JORDAN PLASTICS INC. 401(K) PLAN

Plan Contact

  • Address: PO BOX 575,EAST JORDAN,MI
  • Phone: (231) 536-2243

Plan General Information

EAST JORDAN PLASTICS INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of EAST JORDAN PLASTICS INC. 401(K) PLAN is $33,516,204.00.This plan was established in 1994.

EAST JORDAN PLASTICS INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in EAST JORDAN PLASTICS INC. 401(K) PLAN is 520

EAST JORDAN PLASTICS INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for EAST JORDAN PLASTICS INC. 401(K) PLAN is $64,454.00

EAST JORDAN PLASTICS INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for EAST JORDAN PLASTICS INC. 401(K) PLAN is $1,951.00.

EAST JORDAN PLASTICS INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in EAST JORDAN PLASTICS INC. 401(K) PLAN is approximately $1,009.00
Investing in this additonal $1,009.00 for 20 years would give you extra $64,609.00, assuming a 10% annual return.

EAST JORDAN PLASTICS INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, EAST JORDAN PLASTICS INC. 401(K) PLAN allocates $524,951.00 to match its employees' contributions, providing an employer match rate of 103.46% of their contributions

EAST JORDAN PLASTICS INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of EAST JORDAN PLASTICS INC. 401(K) PLAN is 17.19%.

EAST JORDAN PLASTICS INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for EAST JORDAN PLASTICS INC. 401(K) PLAN is 6.97%. This measures the effectiveness of the plan participants' investments in the year.

EAST JORDAN PLASTICS INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of EAST JORDAN PLASTICS INC. 401(K) PLAN is 0.14%.

Enrollment Features

EAST JORDAN PLASTICS INC. 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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