MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN
Plan Contact
- Address: 700 TOWER DRIVE SUITE 300,TROY,MI
- Contact person: DON STEPP
- Phone: (248) 813-9800
Plan General Information
MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN is $24,069,566.00.This plan was established in 1995.
MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN is 846
MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN is $28,451.00
MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN is $40.00.
MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN is approximately $1,326.00
Investing in this additonal $1,326.00 for 20 years would give you extra $84,920.00, assuming a 10% annual return.
Investing in this additonal $1,326.00 for 20 years would give you extra $84,920.00, assuming a 10% annual return.
MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN Total Employer Contribution and Match Rate
In 2023, MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN allocates $1,122,541.00 to match its employees' contributions, providing an employer match rate of 6566.87% of their contributions
MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN is 1.05%.
MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN is 0.52%. This measures the effectiveness of the plan participants' investments in the year.
MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION PLAN is 0.58%.
Enrollment Features
MICHIGAN GLASS AND GLAZING INDUSTRY DEFINED CONTRIBUTION 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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