MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN

Plan Contact

  • Address: 1214 PARK ST., UNIT 204,STOUGHTON,MA
  • Contact person: JOSEPH DONAHUE
  • Phone: (781) 249-3642

Plan General Information

MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN is $5,005,115.00.This plan was established in 2012.

MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN is 207

MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN is $24,179.00

MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN is $2,655.00.

MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN is approximately $1,085.00
Investing in this additonal $1,085.00 for 20 years would give you extra $69,499.00, assuming a 10% annual return.

MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2022, MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN allocates $224,787.00 to match its employees' contributions, providing an employer match rate of 46.13% of their contributions

MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN is -1.72%.

MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN is -14.58%. This measures the effectiveness of the plan participants' investments in the year.

MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of MICRO TECH STAFFING GROUP AND AFFILIATES 401(K) RETIREMENT PLAN is 0.01%.

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