MCM SAVINGS PLAN
Plan Contact
- Address: 6201 SW 70TH ST 2ND FLOOR,MIAMI,FL
- Contact person: PLAN SPONSOR
- Phone: (305) 541-0000
Plan General Information
MCM SAVINGS PLAN Total Retirement Plan Assets
At the end of 2020, the total retirement plan assets of MCM SAVINGS PLAN is $10,672,805.00.This plan was established in 1995.
MCM SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2020, the total number of retirement plan participants in MCM SAVINGS PLAN is 418
MCM SAVINGS PLAN Average Participant Retirement Account Value
In 2020, the average participant retirement account value for MCM SAVINGS PLAN is $25,533.00
MCM SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2020, the estimated average employee contribution amount per participant for MCM SAVINGS PLAN is $1,805.00.
MCM SAVINGS PLAN Estimated Average Employer Match
In 2020, the estimated average employer match for an employee in MCM SAVINGS PLAN is approximately $661.00
Investing in this additonal $661.00 for 20 years would give you extra $42,320.00, assuming a 10% annual return.
Investing in this additonal $661.00 for 20 years would give you extra $42,320.00, assuming a 10% annual return.
MCM SAVINGS PLAN Total Employer Contribution and Match Rate
In 2020, MCM SAVINGS PLAN allocates $276,407.00 to match its employees' contributions, providing an employer match rate of 73.25% of their contributions
MCM SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2020, the total retirement plan asset growth rate of MCM SAVINGS PLAN is -4.04%.
MCM SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2020, the estimated aggregate retirement account investment gain/loss for MCM SAVINGS PLAN is 10.67%. This measures the effectiveness of the plan participants' investments in the year.
MCM SAVINGS PLAN Expense Ratio
In 2020, the investment and administrative expense ratio of MCM SAVINGS PLAN is 0.35%.
Enrollment Features
MCM 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.
Recent Articles
- Lazy Portfolios in Different Market Conditions
- Tax-Efficient Lazy Portfolios
- Lazy Portfolios for Retirement Investing
- How to Implement a Lazy Portfolio
- What Are Lazy Portfolios?
- IRAs as One of the Emergency Fund Sources
- How to Borrow From an IRA?
- Special Issue: Staying the Course Amid Market Turmoil
- A Step-by-Step Guide to Finding Your Old 401(k) Account
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more ...
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 ...) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more ...
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this 'lazy' portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan ...