MILLBROOK REVOLUTIONARY ENGINEERING 401(K) PLAN
Plan Contact
- Address: 36865 SCHOOLCRAFT RD,LIVONIA,MI
- Contact person: MATT BRADY
- Phone: (734) 432-9334
Plan General Information
MILLBROOK REVOLUTIONARY ENGINEERING 401(K) PLAN Total Retirement Plan Assets
At the end of 2021, the total retirement plan assets of MILLBROOK REVOLUTIONARY ENGINEERING 401(K) PLAN is $5,279,787.00.This plan was established in 2022.
MILLBROOK REVOLUTIONARY ENGINEERING 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in MILLBROOK REVOLUTIONARY ENGINEERING 401(K) PLAN is 103
MILLBROOK REVOLUTIONARY ENGINEERING 401(K) PLAN Average Participant Retirement Account Value
In 2021, the average participant retirement account value for MILLBROOK REVOLUTIONARY ENGINEERING 401(K) PLAN is $51,260.00
MILLBROOK REVOLUTIONARY ENGINEERING 401(K) PLAN Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for MILLBROOK REVOLUTIONARY ENGINEERING 401(K) PLAN is $6,071.00.
MILLBROOK REVOLUTIONARY ENGINEERING 401(K) PLAN Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in MILLBROOK REVOLUTIONARY ENGINEERING 401(K) PLAN is approximately $2,819.00
Investing in this additonal $2,819.00 for 20 years would give you extra $180,475.00, assuming a 10% annual return.
Investing in this additonal $2,819.00 for 20 years would give you extra $180,475.00, assuming a 10% annual return.
MILLBROOK REVOLUTIONARY ENGINEERING 401(K) PLAN Total Employer Contribution and Match Rate
In 2021, MILLBROOK REVOLUTIONARY ENGINEERING 401(K) PLAN allocates $290,453.00 to match its employees' contributions, providing an employer match rate of 46.44% of their contributions
MILLBROOK REVOLUTIONARY ENGINEERING 401(K) PLAN Expense Ratio
In 2021, the investment and administrative expense ratio of MILLBROOK REVOLUTIONARY ENGINEERING 401(K) PLAN is 0.73%.
Enrollment Features
MILLBROOK REVOLUTIONARY ENGINEERING 401(K) 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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