M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION

Plan Contact

  • Address: 1615 WISCONSIN AVENUE,NEW HOLSTEIN,WI
  • Contact person: TAMMY LISOWE
  • Phone: (920) 898-4203

Plan General Information

M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION is $1,968,517.00.This plan was established in 1960.

M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION is 118

M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION Average Participant Retirement Account Value

In 2022, the average participant retirement account value for M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION is $16,682.00

M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION is $901.00.

M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION is approximately $360.00
Investing in this additonal $360.00 for 20 years would give you extra $23,083.00, assuming a 10% annual return.

M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION Total Employer Contribution and Match Rate

In 2022, M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION allocates $42,560.00 to match its employees' contributions, providing an employer match rate of 38.24% of their contributions

M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION is -24.43%.

M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION is -19.65%. This measures the effectiveness of the plan participants' investments in the year.

M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION Expense Ratio

In 2022, the investment and administrative expense ratio of M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION is 1.01%.

Enrollment Features

M-B COMPANIES, INC. DEFERRED SAVINGS PLAN - UNION 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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