INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION

Plan Contact

  • Address: PO BOX 70,GRAND RAPIDS,MN
  • Contact person: TOM KARGES
  • Phone: (218) 328-0602

Plan General Information

INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION Total Retirement Plan Assets

At the end of 2017, the total retirement plan assets of INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION is $3,530,079.00.This plan was established in 1982.

INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION Total Number of Retirement Plan Participants

At the end of 2017, the total number of retirement plan participants in INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION is 105

INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION Average Participant Retirement Account Value

In 2017, the average participant retirement account value for INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION is $33,619.00

INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION is $5,622.00.

INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION Estimated Average Employer Match

In 2017, the estimated average employer match for an employee in INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION is approximately $702.00
Investing in this additonal $702.00 for 20 years would give you extra $44,979.00, assuming a 10% annual return.

INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION Total Employer Contribution and Match Rate

In 2017, INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION allocates $73,795.00 to match its employees' contributions, providing an employer match rate of 25.00% of their contributions

INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION Total Retirement Plan Asset Growth Rate

In 2017, the total retirement plan asset growth rate of INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION is 20.51%.

INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION Estimated Aggregate Retirement Account Investment Gain/Loss

In 2017, the estimated aggregate retirement account investment gain/loss for INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION is 18.74%. This measures the effectiveness of the plan participants' investments in the year.

INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION Expense Ratio

In 2017, the investment and administrative expense ratio of INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION is 0.74%.

Enrollment Features

INDUSTRIAL LUBRICANT COMPANY 401K SALARY REDUCTION 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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