MINNESOTA TWINS PROFIT SHARING/401(K) PLAN
Plan Contact
- Address: TARGET FIELD 1 TWINS WAY,MINNEAPOLIS,MN
- Contact person: LETICIA SILVA
- Phone: (612) 659-3423
Plan General Information
MINNESOTA TWINS PROFIT SHARING/401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of MINNESOTA TWINS PROFIT SHARING/401(K) PLAN is $62,609,729.00.This plan was established in 1968.
MINNESOTA TWINS PROFIT SHARING/401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in MINNESOTA TWINS PROFIT SHARING/401(K) PLAN is 640
MINNESOTA TWINS PROFIT SHARING/401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for MINNESOTA TWINS PROFIT SHARING/401(K) PLAN is $97,827.00
MINNESOTA TWINS PROFIT SHARING/401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for MINNESOTA TWINS PROFIT SHARING/401(K) PLAN is $5,658.00.
MINNESOTA TWINS PROFIT SHARING/401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in MINNESOTA TWINS PROFIT SHARING/401(K) PLAN is approximately $6,068.00
Investing in this additonal $6,068.00 for 20 years would give you extra $388,375.00, assuming a 10% annual return.
Investing in this additonal $6,068.00 for 20 years would give you extra $388,375.00, assuming a 10% annual return.
MINNESOTA TWINS PROFIT SHARING/401(K) PLAN Total Employer Contribution and Match Rate
In 2023, MINNESOTA TWINS PROFIT SHARING/401(K) PLAN allocates $3,883,756.00 to match its employees' contributions, providing an employer match rate of 116.62% of their contributions
MINNESOTA TWINS PROFIT SHARING/401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of MINNESOTA TWINS PROFIT SHARING/401(K) PLAN is 38.98%.
MINNESOTA TWINS PROFIT SHARING/401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for MINNESOTA TWINS PROFIT SHARING/401(K) PLAN is 20.68%. This measures the effectiveness of the plan participants' investments in the year.
MINNESOTA TWINS PROFIT SHARING/401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of MINNESOTA TWINS PROFIT SHARING/401(K) PLAN is 0.10%.
Enrollment Features
MINNESOTA TWINS PROFIT SHARING/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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