EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC.

Plan Contact

  • Address: 6345 MCINTOSH RD,SARASOTA,FL
  • Contact person: TRAVIS MULLET
  • Phone: (941) 371-3502

Plan General Information

EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. is $4,451,553.00.This plan was established in 1991.

EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. is 138

EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. Average Participant Retirement Account Value

In 2022, the average participant retirement account value for EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. is $32,257.00

EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. is $5,741.00.

EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. is approximately $283.00
Investing in this additonal $283.00 for 20 years would give you extra $18,175.00, assuming a 10% annual return.

EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. Total Employer Contribution and Match Rate

In 2022, EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. allocates $39,191.00 to match its employees' contributions, providing an employer match rate of 9.89% of their contributions

EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. is -16.91%.

EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. is -15.61%. This measures the effectiveness of the plan participants' investments in the year.

EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. Expense Ratio

In 2022, the investment and administrative expense ratio of EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. is 0.01%.

Enrollment Features

EMPLOYEE BENEFITS PLAN OF MULLETS ALUMINUM PRODUCTS, INC. 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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