PATTON WINGS, INC. 401(K) PLAN

Plan Contact

  • Address: 13405 WEST STAR DRIVE,,SHELBY TOWNSHIP,MI
  • Contact person: JEAN LANFEAR
  • Phone: (586) 781-0591

Plan General Information

PATTON WINGS, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of PATTON WINGS, INC. 401(K) PLAN is $11,863,035.00.This plan was established in 1999.

PATTON WINGS, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in PATTON WINGS, INC. 401(K) PLAN is 3451

PATTON WINGS, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for PATTON WINGS, INC. 401(K) PLAN is $3,437.00

PATTON WINGS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for PATTON WINGS, INC. 401(K) PLAN is $249.00.

PATTON WINGS, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in PATTON WINGS, INC. 401(K) PLAN is approximately $140.00
Investing in this additonal $140.00 for 20 years would give you extra $9,009.00, assuming a 10% annual return.

PATTON WINGS, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, PATTON WINGS, INC. 401(K) PLAN allocates $485,820.00 to match its employees' contributions, providing an employer match rate of 51.07% of their contributions

PATTON WINGS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of PATTON WINGS, INC. 401(K) PLAN is 17.79%.

PATTON WINGS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for PATTON WINGS, INC. 401(K) PLAN is 15.08%. This measures the effectiveness of the plan participants' investments in the year.

PATTON WINGS, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of PATTON WINGS, INC. 401(K) PLAN is 0.62%.

Enrollment Features

PATTON WINGS, INC. 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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