MCDONALD LUMBER COMPANY, INC. 401(K) PLAN
Plan Contact
- Address: 2020 ANGIE AVENUE,GREEN BAY,WI
- Contact person: PHILLIP WILLEMS
- Phone: (920) 465-3230
Plan General Information
MCDONALD LUMBER COMPANY, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of MCDONALD LUMBER COMPANY, INC. 401(K) PLAN is $4,447,358.00.This plan was established in 1996.
MCDONALD LUMBER COMPANY, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in MCDONALD LUMBER COMPANY, INC. 401(K) PLAN is 208
MCDONALD LUMBER COMPANY, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for MCDONALD LUMBER COMPANY, INC. 401(K) PLAN is $21,381.00
MCDONALD LUMBER COMPANY, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for MCDONALD LUMBER COMPANY, INC. 401(K) PLAN is $6,172.00.
MCDONALD LUMBER COMPANY, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in MCDONALD LUMBER COMPANY, INC. 401(K) PLAN is approximately $1,961.00
Investing in this additonal $1,961.00 for 20 years would give you extra $125,547.00, assuming a 10% annual return.
Investing in this additonal $1,961.00 for 20 years would give you extra $125,547.00, assuming a 10% annual return.
MCDONALD LUMBER COMPANY, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, MCDONALD LUMBER COMPANY, INC. 401(K) PLAN allocates $408,029.00 to match its employees' contributions, providing an employer match rate of 63.56% of their contributions
MCDONALD LUMBER COMPANY, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of MCDONALD LUMBER COMPANY, INC. 401(K) PLAN is 54.54%.
MCDONALD LUMBER COMPANY, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for MCDONALD LUMBER COMPANY, INC. 401(K) PLAN is 18.14%. This measures the effectiveness of the plan participants' investments in the year.
MCDONALD LUMBER COMPANY, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of MCDONALD LUMBER COMPANY, INC. 401(K) PLAN is 0.63%.
Enrollment Features
MCDONALD LUMBER COMPANY, INC. 401(K) PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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