MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 6345 MCINTOSH RD,SARASOTA,FL
  • Contact person: LENETTE SHAW
  • Phone: (941) 371-3502

Plan General Information

MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2017, the total retirement plan assets of MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN is $2,509,735.00.This plan was established in 1991.

MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2017, the total number of retirement plan participants in MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN is 148

MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2017, the average participant retirement account value for MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN is $16,957.00

MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN is $3,415.00.

MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2017, the estimated average employer match for an employee in MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN is approximately $126.00
Investing in this additonal $126.00 for 20 years would give you extra $8,087.00, assuming a 10% annual return.

MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2017, MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN allocates $18,703.00 to match its employees' contributions, providing an employer match rate of 7.40% of their contributions

MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2017, the total retirement plan asset growth rate of MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN is 35.48%.

MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2017, the estimated aggregate retirement account investment gain/loss for MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN is 16.14%. This measures the effectiveness of the plan participants' investments in the year.

MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN Expense Ratio

In 2017, the investment and administrative expense ratio of MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN is 0.37%.

Enrollment Features

MULLET'S ALUMINUM PRODUCTS, INC. 401(K) RETIREMENT SAVINGS 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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