MODERN MARKETING CONCEPTS INC 401K
Plan Contact
- Address: 1220 E OAK ST,LOUISVILLE,KY
- Contact person: BRETT STEELE
- Phone: (502) 212-4284
Plan General Information
MODERN MARKETING CONCEPTS INC 401K Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of MODERN MARKETING CONCEPTS INC 401K is $8,747,540.00.This plan was established in 1993.
MODERN MARKETING CONCEPTS INC 401K Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in MODERN MARKETING CONCEPTS INC 401K is 156
MODERN MARKETING CONCEPTS INC 401K Average Participant Retirement Account Value
In 2023, the average participant retirement account value for MODERN MARKETING CONCEPTS INC 401K is $56,073.00
MODERN MARKETING CONCEPTS INC 401K Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for MODERN MARKETING CONCEPTS INC 401K is $3,026.00.
MODERN MARKETING CONCEPTS INC 401K Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in MODERN MARKETING CONCEPTS INC 401K is approximately $1,461.00
Investing in this additonal $1,461.00 for 20 years would give you extra $93,555.00, assuming a 10% annual return.
Investing in this additonal $1,461.00 for 20 years would give you extra $93,555.00, assuming a 10% annual return.
MODERN MARKETING CONCEPTS INC 401K Total Employer Contribution and Match Rate
In 2023, MODERN MARKETING CONCEPTS INC 401K allocates $228,042.00 to match its employees' contributions, providing an employer match rate of 51.25% of their contributions
MODERN MARKETING CONCEPTS INC 401K Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of MODERN MARKETING CONCEPTS INC 401K is 18.07%.
MODERN MARKETING CONCEPTS INC 401K Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for MODERN MARKETING CONCEPTS INC 401K is 18.72%. This measures the effectiveness of the plan participants' investments in the year.
MODERN MARKETING CONCEPTS INC 401K Expense Ratio
In 2023, the investment and administrative expense ratio of MODERN MARKETING CONCEPTS INC 401K is 0.24%.
Enrollment Features
MODERN MARKETING CONCEPTS INC 401K 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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