NX TECH LLC RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 21700 MELROSE AVENUE,SOUTHFIELD,MI
  • Phone: (313) 486-0400

Plan General Information

NX TECH LLC RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2019, the total retirement plan assets of NX TECH LLC RETIREMENT SAVINGS PLAN is $2,347,974.00.This plan was established in 2012.

NX TECH LLC RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2019, the total number of retirement plan participants in NX TECH LLC RETIREMENT SAVINGS PLAN is 145

NX TECH LLC RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2019, the average participant retirement account value for NX TECH LLC RETIREMENT SAVINGS PLAN is $16,192.00

NX TECH LLC RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2019, the estimated average employee contribution amount per participant for NX TECH LLC RETIREMENT SAVINGS PLAN is $3,647.00.

NX TECH LLC RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2019, the estimated average employer match for an employee in NX TECH LLC RETIREMENT SAVINGS PLAN is approximately $1,442.00
Investing in this additonal $1,442.00 for 20 years would give you extra $92,308.00, assuming a 10% annual return.

NX TECH LLC RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2019, NX TECH LLC RETIREMENT SAVINGS PLAN allocates $209,136.00 to match its employees' contributions, providing an employer match rate of 79.09% of their contributions

NX TECH LLC RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2019, the total retirement plan asset growth rate of NX TECH LLC RETIREMENT SAVINGS PLAN is -29.42%.

NX TECH LLC RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2019, the estimated aggregate retirement account investment gain/loss for NX TECH LLC RETIREMENT SAVINGS PLAN is 28.04%. This measures the effectiveness of the plan participants' investments in the year.

NX TECH LLC RETIREMENT SAVINGS PLAN Expense Ratio

In 2019, the investment and administrative expense ratio of NX TECH LLC RETIREMENT SAVINGS PLAN is 0.17%.

Enrollment Features

NX TECH LLC 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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