EMPLOYEES SAVINGS AND INVESTMENT PLAN OF MATERIALS PROCESSING INC.

Plan Contact

  • Address: 3500 DEPAUW BOULEVARD SUITE 1090,INDIANAPOLIS,IN
  • Contact person: J. ANTHONY FIRMANI
  • Phone: (317) 803-3011

Plan General Information

EMPLOYEES SAVINGS AND INVESTMENT PLAN OF MATERIALS PROCESSING INC. Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of EMPLOYEES SAVINGS AND INVESTMENT PLAN OF MATERIALS PROCESSING INC. is $33,373,301.00.This plan was established in 1987.

EMPLOYEES SAVINGS AND INVESTMENT PLAN OF MATERIALS PROCESSING INC. Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in EMPLOYEES SAVINGS AND INVESTMENT PLAN OF MATERIALS PROCESSING INC. is 444

EMPLOYEES SAVINGS AND INVESTMENT PLAN OF MATERIALS PROCESSING INC. Average Participant Retirement Account Value

In 2023, the average participant retirement account value for EMPLOYEES SAVINGS AND INVESTMENT PLAN OF MATERIALS PROCESSING INC. is $75,165.00

EMPLOYEES SAVINGS AND INVESTMENT PLAN OF MATERIALS PROCESSING INC. Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for EMPLOYEES SAVINGS AND INVESTMENT PLAN OF MATERIALS PROCESSING INC. is $3,278.00.

EMPLOYEES SAVINGS AND INVESTMENT PLAN OF MATERIALS PROCESSING INC. Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of EMPLOYEES SAVINGS AND INVESTMENT PLAN OF MATERIALS PROCESSING INC. is 1.47%.

EMPLOYEES SAVINGS AND INVESTMENT PLAN OF MATERIALS PROCESSING INC. Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for EMPLOYEES SAVINGS AND INVESTMENT PLAN OF MATERIALS PROCESSING INC. is 14.41%. This measures the effectiveness of the plan participants' investments in the year.

EMPLOYEES SAVINGS AND INVESTMENT PLAN OF MATERIALS PROCESSING INC. Expense Ratio

In 2023, the investment and administrative expense ratio of EMPLOYEES SAVINGS AND INVESTMENT PLAN OF MATERIALS PROCESSING INC. is 0.25%.

Enrollment Features

EMPLOYEES SAVINGS AND INVESTMENT PLAN OF MATERIALS PROCESSING INC. has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

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