INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST
Plan Contact
- Address: 1331 NORTH 81 BYPASS, P.O. BOX 404,MCPHERSON,KS
- Phone: (620) 241-3592
Plan General Information
INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST is $9,046,953.00.This plan was established in 1998.
INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST is 238
INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST Average Participant Retirement Account Value
In 2023, the average participant retirement account value for INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST is $38,012.00
INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST is $2,863.00.
INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST is approximately $1,051.00
Investing in this additonal $1,051.00 for 20 years would give you extra $67,281.00, assuming a 10% annual return.
Investing in this additonal $1,051.00 for 20 years would give you extra $67,281.00, assuming a 10% annual return.
INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST Total Employer Contribution and Match Rate
In 2023, INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST allocates $250,203.00 to match its employees' contributions, providing an employer match rate of 37.34% of their contributions
INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST is 17.66%.
INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST is 14.81%. This measures the effectiveness of the plan participants' investments in the year.
INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST Expense Ratio
In 2023, the investment and administrative expense ratio of INDUSTRIAL ELECTRIC COMPANY PROFIT SHARING/401(K) PLAN AND TRUST is 0.91%.
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