MEDTEC, INC. 401K SALARY REDUCTION PLAN
Plan Contact
- Contact person: SHERI L. SHAFER
- Phone: (616) 483-0030
Plan General Information
MEDTEC, INC. 401K SALARY REDUCTION PLAN Total Retirement Plan Assets
At the end of 2000, the total retirement plan assets of MEDTEC, INC. 401K SALARY REDUCTION PLAN is $1,563,116.00.This plan was established in 1985.
MEDTEC, INC. 401K SALARY REDUCTION PLAN Total Number of Retirement Plan Participants
At the end of 2000, the total number of retirement plan participants in MEDTEC, INC. 401K SALARY REDUCTION PLAN is 148
MEDTEC, INC. 401K SALARY REDUCTION PLAN Average Participant Retirement Account Value
In 2000, the average participant retirement account value for MEDTEC, INC. 401K SALARY REDUCTION PLAN is $10,561.00
MEDTEC, INC. 401K SALARY REDUCTION PLAN Estimated Average Employee Contribution Amount
In 2000, the estimated average employee contribution amount per participant for MEDTEC, INC. 401K SALARY REDUCTION PLAN is $2,326.00.
MEDTEC, INC. 401K SALARY REDUCTION PLAN Estimated Average Employer Match
In 2000, the estimated average employer match for an employee in MEDTEC, INC. 401K SALARY REDUCTION PLAN is approximately $521.00
Investing in this additonal $521.00 for 20 years would give you extra $33,369.00, assuming a 10% annual return.
Investing in this additonal $521.00 for 20 years would give you extra $33,369.00, assuming a 10% annual return.
MEDTEC, INC. 401K SALARY REDUCTION PLAN Total Employer Contribution and Match Rate
In 2000, MEDTEC, INC. 401K SALARY REDUCTION PLAN allocates $77,168.00 to match its employees' contributions, providing an employer match rate of 44.83% of their contributions
MEDTEC, INC. 401K SALARY REDUCTION PLAN Total Retirement Plan Asset Growth Rate
In 2000, the total retirement plan asset growth rate of MEDTEC, INC. 401K SALARY REDUCTION PLAN is -20.77%.
MEDTEC, INC. 401K SALARY REDUCTION PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2000, the estimated aggregate retirement account investment gain/loss for MEDTEC, INC. 401K SALARY REDUCTION PLAN is -4.71%. This measures the effectiveness of the plan participants' investments in the year.
MEDTEC, INC. 401K SALARY REDUCTION PLAN Expense Ratio
In 2000, the investment and administrative expense ratio of MEDTEC, INC. 401K SALARY REDUCTION PLAN is 0.17%.
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