M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN

Plan Contact

  • Address: 8375 N. GILMORE ROAD,FAIRFIELD,OH
  • Contact person: JOHN RICHTER
  • Phone: (513) 874-4400

Plan General Information

M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN is $17,193,685.00.This plan was established in 1976.

M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN is 195

M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN is $88,172.00

M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN is $5,181.00.

M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN is approximately $684.00
Investing in this additonal $684.00 for 20 years would give you extra $43,836.00, assuming a 10% annual return.

M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN allocates $133,564.00 to match its employees' contributions, providing an employer match rate of 26.44% of their contributions

M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN is 16.90%.

M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN is 16.31%. This measures the effectiveness of the plan participants' investments in the year.

M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN is 0.01%.

Enrollment Features

M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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