HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN
Plan Contact
- Contact person: MATTHEW DAVIS, CFO
- Phone: (989) 453-3933
Plan General Information
HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN Total Retirement Plan Assets
At the end of 2007, the total retirement plan assets of HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN is $16,758,421.00.This plan was established in 1998.
HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN Total Number of Retirement Plan Participants
At the end of 2007, the total number of retirement plan participants in HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN is 475
HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN Average Participant Retirement Account Value
In 2007, the average participant retirement account value for HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN is $35,280.00
HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN Estimated Average Employee Contribution Amount
In 2007, the estimated average employee contribution amount per participant for HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN is $3,528.00.
HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN Estimated Average Employer Match
In 2007, the estimated average employer match for an employee in HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN is approximately $700.00
Investing in this additonal $700.00 for 20 years would give you extra $44,806.00, assuming a 10% annual return.
Investing in this additonal $700.00 for 20 years would give you extra $44,806.00, assuming a 10% annual return.
HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN Total Employer Contribution and Match Rate
In 2007, HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN allocates $332,545.00 to match its employees' contributions, providing an employer match rate of 39.68% of their contributions
HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN Total Retirement Plan Asset Growth Rate
In 2007, the total retirement plan asset growth rate of HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN is 13.06%.
HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2007, the estimated aggregate retirement account investment gain/loss for HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN is 10.58%. This measures the effectiveness of the plan participants' investments in the year.
HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN Expense Ratio
In 2007, the investment and administrative expense ratio of HURON CASTING/AXIS MACHINING/ARENAC CASTING 401K PLAN is 0.37%.
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