MERIDIAN MANUFACTURING, INC. 401(K) PLAN

Plan Contact

  • Address: 2902 EXPANSION BOULEVARD,STORM LAKE,IA
  • Contact person: CINDY URASAKI
  • Phone: (712) 732-1780

Plan General Information

MERIDIAN MANUFACTURING, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of MERIDIAN MANUFACTURING, INC. 401(K) PLAN is $1,808,739.00.This plan was established in 1996.

MERIDIAN MANUFACTURING, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in MERIDIAN MANUFACTURING, INC. 401(K) PLAN is 142

MERIDIAN MANUFACTURING, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for MERIDIAN MANUFACTURING, INC. 401(K) PLAN is $12,737.00

MERIDIAN MANUFACTURING, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for MERIDIAN MANUFACTURING, INC. 401(K) PLAN is $1,079.00.

MERIDIAN MANUFACTURING, INC. 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in MERIDIAN MANUFACTURING, INC. 401(K) PLAN is approximately $203.00
Investing in this additonal $203.00 for 20 years would give you extra $13,033.00, assuming a 10% annual return.

MERIDIAN MANUFACTURING, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, MERIDIAN MANUFACTURING, INC. 401(K) PLAN allocates $28,919.00 to match its employees' contributions, providing an employer match rate of 19.07% of their contributions

MERIDIAN MANUFACTURING, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of MERIDIAN MANUFACTURING, INC. 401(K) PLAN is -8.34%.

MERIDIAN MANUFACTURING, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for MERIDIAN MANUFACTURING, INC. 401(K) PLAN is -15.62%. This measures the effectiveness of the plan participants' investments in the year.

MERIDIAN MANUFACTURING, INC. 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of MERIDIAN MANUFACTURING, INC. 401(K) PLAN is 0.42%.

Enrollment Features

MERIDIAN MANUFACTURING, INC. 401(K) 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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