MICAHTEK, INC. 401(K) RETIREMENT PLAN

Plan Contact

  • Address: 8215 S ELM PL,BROKEN ARROW,OK
  • Contact person: LARRY CHANCELLOR
  • Phone: (918) 877-3300

Plan General Information

MICAHTEK, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2015, the total retirement plan assets of MICAHTEK, INC. 401(K) RETIREMENT PLAN is $783,166.00.This plan was established in 1998.

MICAHTEK, INC. 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2015, the total number of retirement plan participants in MICAHTEK, INC. 401(K) RETIREMENT PLAN is 115

MICAHTEK, INC. 401(K) RETIREMENT PLAN Average Participant Retirement Account Value

In 2015, the average participant retirement account value for MICAHTEK, INC. 401(K) RETIREMENT PLAN is $6,810.00

MICAHTEK, INC. 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2015, the estimated average employee contribution amount per participant for MICAHTEK, INC. 401(K) RETIREMENT PLAN is $1,070.00.

MICAHTEK, INC. 401(K) RETIREMENT PLAN Estimated Average Employer Match

In 2015, the estimated average employer match for an employee in MICAHTEK, INC. 401(K) RETIREMENT PLAN is approximately $100.00
Investing in this additonal $100.00 for 20 years would give you extra $6,440.00, assuming a 10% annual return.

MICAHTEK, INC. 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2015, MICAHTEK, INC. 401(K) RETIREMENT PLAN allocates $11,573.00 to match its employees' contributions, providing an employer match rate of 18.79% of their contributions

MICAHTEK, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2015, the total retirement plan asset growth rate of MICAHTEK, INC. 401(K) RETIREMENT PLAN is -25.62%.

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

In 2015, the estimated aggregate retirement account investment gain/loss for MICAHTEK, INC. 401(K) RETIREMENT PLAN is -0.98%. This measures the effectiveness of the plan participants' investments in the year.

MICAHTEK, INC. 401(K) RETIREMENT PLAN Expense Ratio

In 2015, the investment and administrative expense ratio of MICAHTEK, INC. 401(K) RETIREMENT PLAN is 0.61%.

Enrollment Features

MICAHTEK, INC. 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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