MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN
Plan Contact
- Address: 16700 23 MILE ROAD,MACOMB,MI
- Contact person: KEVIN WEST
- Phone: (586) 228-9700
Plan General Information
MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN Total Retirement Plan Assets
At the end of 2016, the total retirement plan assets of MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN is $2,341,435.00.This plan was established in 1991.
MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2016, the total number of retirement plan participants in MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN is 240
MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN Average Participant Retirement Account Value
In 2016, the average participant retirement account value for MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN is $9,755.00
MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2016, the estimated average employee contribution amount per participant for MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN is $1,187.00.
MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN Estimated Average Employer Match
In 2016, the estimated average employer match for an employee in MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN is approximately $208.00
Investing in this additonal $208.00 for 20 years would give you extra $13,372.00, assuming a 10% annual return.
Investing in this additonal $208.00 for 20 years would give you extra $13,372.00, assuming a 10% annual return.
MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN Total Employer Contribution and Match Rate
In 2016, MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN allocates $50,147.00 to match its employees' contributions, providing an employer match rate of 35.19% of their contributions
MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2016, the total retirement plan asset growth rate of MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN is -0.94%.
MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2016, the estimated aggregate retirement account investment gain/loss for MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN is 4.25%. This measures the effectiveness of the plan participants' investments in the year.
MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN Expense Ratio
In 2016, the investment and administrative expense ratio of MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED SAVINGS PLAN is 0.08%.
Enrollment Features
MICHIGAN PRODUCTION MACHINING, INC. TAX DEFERRED 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.
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