FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN
Plan Contact
- Contact person: MICHELE POLZER
- Phone: (514) 878-6572
Plan General Information
FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN is $7,892,559.00.This plan was established in 1985.
FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN is 178
FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN is $44,340.00
FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN is $2,750.00.
FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN is approximately $2,263.00
Investing in this additonal $2,263.00 for 20 years would give you extra $144,853.00, assuming a 10% annual return.
Investing in this additonal $2,263.00 for 20 years would give you extra $144,853.00, assuming a 10% annual return.
FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2023, FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN allocates $402,874.00 to match its employees' contributions, providing an employer match rate of 80.05% of their contributions
FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN is -8.29%.
FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN is -9.52%. This measures the effectiveness of the plan participants' investments in the year.
FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT PLAN is 0.32%.
Enrollment Features
FEDERAL MARINE TERMINALS, INC. 401K RETIREMENT 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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