M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN
Plan Contact
- Contact person: KATHLEEN M. TITUS
- Phone: (614) 259-6444
Plan General Information
M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2002, the total retirement plan assets of M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN is $887,522.00.This plan was established in 1996.
M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2002, the total number of retirement plan participants in M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN is 188
M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2002, the average participant retirement account value for M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN is $4,720.00
M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2002, the estimated average employee contribution amount per participant for M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN is $1,893.00.
M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN Estimated Average Employer Match
In 2002, the estimated average employer match for an employee in M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN is approximately $501.00
Investing in this additonal $501.00 for 20 years would give you extra $32,070.00, assuming a 10% annual return.
Investing in this additonal $501.00 for 20 years would give you extra $32,070.00, assuming a 10% annual return.
M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2002, M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN allocates $94,208.00 to match its employees' contributions, providing an employer match rate of 52.92% of their contributions
M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2002, the total retirement plan asset growth rate of M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN is 3.66%.
M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2002, the estimated aggregate retirement account investment gain/loss for M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN is -15.78%. This measures the effectiveness of the plan participants' investments in the year.
M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN Expense Ratio
In 2002, the investment and administrative expense ratio of M & J WELDING & MACHINE, INC. PROFIT SHARING PLAN is 0.00%.
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