MTI EMPLOYEES 401K RETIREMENT PLAN

Plan Contact

  • Contact person: BETTY L. OBENHAUS
  • Phone: (713) 974-7181

Plan General Information

MTI EMPLOYEES 401K RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2005, the total retirement plan assets of MTI EMPLOYEES 401K RETIREMENT PLAN is $942,385.00.This plan was established in 1995.

MTI EMPLOYEES 401K RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2005, the total number of retirement plan participants in MTI EMPLOYEES 401K RETIREMENT PLAN is 169

MTI EMPLOYEES 401K RETIREMENT PLAN Average Participant Retirement Account Value

In 2005, the average participant retirement account value for MTI EMPLOYEES 401K RETIREMENT PLAN is $5,576.00

MTI EMPLOYEES 401K RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2005, the estimated average employee contribution amount per participant for MTI EMPLOYEES 401K RETIREMENT PLAN is $1,643.00.

MTI EMPLOYEES 401K RETIREMENT PLAN Estimated Average Employer Match

In 2005, the estimated average employer match for an employee in MTI EMPLOYEES 401K RETIREMENT PLAN is approximately $130.00
Investing in this additonal $130.00 for 20 years would give you extra $8,374.00, assuming a 10% annual return.

MTI EMPLOYEES 401K RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2005, MTI EMPLOYEES 401K RETIREMENT PLAN allocates $22,115.00 to match its employees' contributions, providing an employer match rate of 15.93% of their contributions

MTI EMPLOYEES 401K RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2005, the total retirement plan asset growth rate of MTI EMPLOYEES 401K RETIREMENT PLAN is 2.64%.

MTI EMPLOYEES 401K RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2005, the estimated aggregate retirement account investment gain/loss for MTI EMPLOYEES 401K RETIREMENT PLAN is 4.03%. This measures the effectiveness of the plan participants' investments in the year.

MTI EMPLOYEES 401K RETIREMENT PLAN Expense Ratio

In 2005, the investment and administrative expense ratio of MTI EMPLOYEES 401K RETIREMENT PLAN is 0.00%.

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