MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN
Plan Contact
- Address: 1603 ORRINGTON AVENUE, 13TH FLOOR,EVANSTON,IL
- Contact person: MICHAEL MESSIER
- Phone: (847) 905-4660
Plan General Information
MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2019, the total retirement plan assets of MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN is $54,397,653.00.This plan was established in 2006.
MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2019, the total number of retirement plan participants in MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN is 337
MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2019, the average participant retirement account value for MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN is $161,417.00
MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2019, the estimated average employee contribution amount per participant for MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN is $19,293.00.
MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN Estimated Average Employer Match
In 2019, the estimated average employer match for an employee in MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN is approximately $4,891.00
Investing in this additonal $4,891.00 for 20 years would give you extra $313,044.00, assuming a 10% annual return.
Investing in this additonal $4,891.00 for 20 years would give you extra $313,044.00, assuming a 10% annual return.
MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2019, MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN allocates $1,648,377.00 to match its employees' contributions, providing an employer match rate of 50.71% of their contributions
MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2019, the total retirement plan asset growth rate of MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN is 24.82%.
MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2019, the estimated aggregate retirement account investment gain/loss for MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN is 22.38%. This measures the effectiveness of the plan participants' investments in the year.
MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN Expense Ratio
In 2019, the investment and administrative expense ratio of MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING PLAN is 0.11%.
Enrollment Features
MAGNETAR CAPITAL LLC 401(K) PROFIT SHARING 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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