MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN

Plan Contact

  • Address: 320 N. MAIN STREET,,ANN ARBOR,MI
  • Contact person: SUSAN PASCOE
  • Phone: (734) 769-8520

Plan General Information

MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN is $20,333,317.00.This plan was established in 1994.

MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN is 520

MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN is $39,102.00

MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN is $3,579.00.

MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN is approximately $395.00
Investing in this additonal $395.00 for 20 years would give you extra $25,320.00, assuming a 10% annual return.

MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN allocates $205,731.00 to match its employees' contributions, providing an employer match rate of 10.85% of their contributions

MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN is 17.03%.

MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN is 16.77%. This measures the effectiveness of the plan participants' investments in the year.

MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MCKINLEY COMPANIES LLC 401(K) RETIREMENT PLAN is 0.41%.

Enrollment Features

MCKINLEY COMPANIES LLC 401(K) 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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