MCKAY'S EMPLOYEES PROFIT SHARING 401K SAVINGS PLAN
Plan Contact
- Address: P.O. BOX 98,HOLLYWOOD,MD
- Contact person: DAVID MCKAY
- Phone: (301) 373-5848
Plan General Information
MCKAY'S EMPLOYEES PROFIT SHARING 401K SAVINGS PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of MCKAY'S EMPLOYEES PROFIT SHARING 401K SAVINGS PLAN is $2,511,985.00.This plan was established in 1986.
MCKAY'S EMPLOYEES PROFIT SHARING 401K SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in MCKAY'S EMPLOYEES PROFIT SHARING 401K SAVINGS PLAN is 125
MCKAY'S EMPLOYEES PROFIT SHARING 401K SAVINGS PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for MCKAY'S EMPLOYEES PROFIT SHARING 401K SAVINGS PLAN is $20,095.00
MCKAY'S EMPLOYEES PROFIT SHARING 401K SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for MCKAY'S EMPLOYEES PROFIT SHARING 401K SAVINGS PLAN is $574.00.
MCKAY'S EMPLOYEES PROFIT SHARING 401K SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of MCKAY'S EMPLOYEES PROFIT SHARING 401K SAVINGS PLAN is -17.69%.
MCKAY'S EMPLOYEES PROFIT SHARING 401K SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for MCKAY'S EMPLOYEES PROFIT SHARING 401K SAVINGS PLAN is -7.32%. This measures the effectiveness of the plan participants' investments in the year.
MCKAY'S EMPLOYEES PROFIT SHARING 401K SAVINGS PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of MCKAY'S EMPLOYEES PROFIT SHARING 401K SAVINGS PLAN is 0.04%.
Enrollment Features
MCKAY'S EMPLOYEES PROFIT SHARING 401K SAVINGS 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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