PTI ENGINEERED PLASTICS, INC. 401(K) PLAN

Plan Contact

  • Address: 50900 CORPORATE DRIVE,MACOMB,MI
  • Contact person: DEBORAH ANDARY
  • Phone: (586) 263-5100

Plan General Information

PTI ENGINEERED PLASTICS, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of PTI ENGINEERED PLASTICS, INC. 401(K) PLAN is $14,426,287.00.This plan was established in 1984.

PTI ENGINEERED PLASTICS, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in PTI ENGINEERED PLASTICS, INC. 401(K) PLAN is 346

PTI ENGINEERED PLASTICS, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for PTI ENGINEERED PLASTICS, INC. 401(K) PLAN is $41,694.00

PTI ENGINEERED PLASTICS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for PTI ENGINEERED PLASTICS, INC. 401(K) PLAN is $2,395.00.

PTI ENGINEERED PLASTICS, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in PTI ENGINEERED PLASTICS, INC. 401(K) PLAN is approximately $351.00
Investing in this additonal $351.00 for 20 years would give you extra $22,489.00, assuming a 10% annual return.

PTI ENGINEERED PLASTICS, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, PTI ENGINEERED PLASTICS, INC. 401(K) PLAN allocates $121,583.00 to match its employees' contributions, providing an employer match rate of 15.43% of their contributions

PTI ENGINEERED PLASTICS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of PTI ENGINEERED PLASTICS, INC. 401(K) PLAN is 18.43%.

PTI ENGINEERED PLASTICS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for PTI ENGINEERED PLASTICS, INC. 401(K) PLAN is 15.86%. This measures the effectiveness of the plan participants' investments in the year.

PTI ENGINEERED PLASTICS, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of PTI ENGINEERED PLASTICS, INC. 401(K) PLAN is 0.08%.

Enrollment Features

PTI ENGINEERED PLASTICS, 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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