MC MACHINERY SYSTEMS, INC. SAVINGS AND RETIREMENT PLAN
Plan Contact
- Address: 1500 MICHAEL DRIVE,WOOD DALE,IL
- Contact person: SUSAN CORTOPASSI
- Phone: (630) 860-4208
Plan General Information
MC MACHINERY SYSTEMS, INC. SAVINGS AND RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2013, the total number of retirement plan participants in MC MACHINERY SYSTEMS, INC. SAVINGS AND RETIREMENT PLAN is 273
MC MACHINERY SYSTEMS, INC. SAVINGS AND RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2013, the estimated average employee contribution amount per participant for MC MACHINERY SYSTEMS, INC. SAVINGS AND RETIREMENT PLAN is $2,778.00.
MC MACHINERY SYSTEMS, INC. SAVINGS AND RETIREMENT PLAN Estimated Average Employer Match
In 2013, the estimated average employer match for an employee in MC MACHINERY SYSTEMS, INC. SAVINGS AND RETIREMENT PLAN is approximately $358.00
Investing in this additonal $358.00 for 20 years would give you extra $22,939.00, assuming a 10% annual return.
Investing in this additonal $358.00 for 20 years would give you extra $22,939.00, assuming a 10% annual return.
MC MACHINERY SYSTEMS, INC. SAVINGS AND RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2013, MC MACHINERY SYSTEMS, INC. SAVINGS AND RETIREMENT PLAN allocates $97,853.00 to match its employees' contributions, providing an employer match rate of 25.80% of their contributions
Enrollment Features
MC MACHINERY SYSTEMS, INC. SAVINGS AND RETIREMENT 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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