MARC GLASSMAN, INC. 401(K) PLAN

Plan Contact

  • Address: 5841 WEST 130TH STREET,CLEVELAND,OH
  • Contact person: BETH WEINER
  • Phone: (216) 265-7700

Plan General Information

MARC GLASSMAN, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MARC GLASSMAN, INC. 401(K) PLAN is $30,446,463.00.This plan was established in 1992.

MARC GLASSMAN, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MARC GLASSMAN, INC. 401(K) PLAN is 1038

MARC GLASSMAN, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MARC GLASSMAN, INC. 401(K) PLAN is $29,331.00

MARC GLASSMAN, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MARC GLASSMAN, INC. 401(K) PLAN is $1,349.00.

MARC GLASSMAN, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MARC GLASSMAN, INC. 401(K) PLAN is approximately $218.00
Investing in this additonal $218.00 for 20 years would give you extra $14,008.00, assuming a 10% annual return.

MARC GLASSMAN, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, MARC GLASSMAN, INC. 401(K) PLAN allocates $227,205.00 to match its employees' contributions, providing an employer match rate of 15.54% of their contributions

MARC GLASSMAN, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MARC GLASSMAN, INC. 401(K) PLAN is 13.34%.

MARC GLASSMAN, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MARC GLASSMAN, INC. 401(K) PLAN is 17.15%. This measures the effectiveness of the plan participants' investments in the year.

MARC GLASSMAN, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MARC GLASSMAN, INC. 401(K) PLAN is 0.24%.

Enrollment Features

MARC GLASSMAN, INC. 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.


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