MILBANK COMPANIES 401(K) PROFIT SHARING
Plan Contact
- Address: P.O. BOX 419028,KANSAS CITY,MO
- Contact person: LEZLIE ENSOR
- Phone: (816) 483-5314
Plan General Information
MILBANK COMPANIES 401(K) PROFIT SHARING Total Retirement Plan Assets
At the end of 2015, the total retirement plan assets of MILBANK COMPANIES 401(K) PROFIT SHARING is $32,818,859.00.This plan was established in 1959.
MILBANK COMPANIES 401(K) PROFIT SHARING Total Number of Retirement Plan Participants
At the end of 2015, the total number of retirement plan participants in MILBANK COMPANIES 401(K) PROFIT SHARING is 625
MILBANK COMPANIES 401(K) PROFIT SHARING Average Participant Retirement Account Value
In 2015, the average participant retirement account value for MILBANK COMPANIES 401(K) PROFIT SHARING is $52,510.00
MILBANK COMPANIES 401(K) PROFIT SHARING Estimated Average Employee Contribution Amount
In 2015, the estimated average employee contribution amount per participant for MILBANK COMPANIES 401(K) PROFIT SHARING is $5,682.00.
MILBANK COMPANIES 401(K) PROFIT SHARING Estimated Average Employer Match
In 2015, the estimated average employer match for an employee in MILBANK COMPANIES 401(K) PROFIT SHARING is approximately $1,713.00
Investing in this additonal $1,713.00 for 20 years would give you extra $109,681.00, assuming a 10% annual return.
Investing in this additonal $1,713.00 for 20 years would give you extra $109,681.00, assuming a 10% annual return.
MILBANK COMPANIES 401(K) PROFIT SHARING Total Employer Contribution and Match Rate
In 2015, MILBANK COMPANIES 401(K) PROFIT SHARING allocates $1,071,105.00 to match its employees' contributions, providing an employer match rate of 60.31% of their contributions
MILBANK COMPANIES 401(K) PROFIT SHARING Total Retirement Plan Asset Growth Rate
In 2015, the total retirement plan asset growth rate of MILBANK COMPANIES 401(K) PROFIT SHARING is 2.27%.
MILBANK COMPANIES 401(K) PROFIT SHARING Estimated Aggregate Retirement Account Investment Gain/Loss
In 2015, the estimated aggregate retirement account investment gain/loss for MILBANK COMPANIES 401(K) PROFIT SHARING is -0.30%. This measures the effectiveness of the plan participants' investments in the year.
MILBANK COMPANIES 401(K) PROFIT SHARING Expense Ratio
In 2015, the investment and administrative expense ratio of MILBANK COMPANIES 401(K) PROFIT SHARING is 0.13%.
Enrollment Features
MILBANK COMPANIES 401(K) PROFIT SHARING has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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