SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST
Plan Contact
- Address: 111 WEST MAIN STREET,,TEUTOPOLIS,IL
- Contact person: ERIN BLOEMER
- Phone: (217) 857-2228
Plan General Information
SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is $80,201,205.00.This plan was established in 2000.
SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is 168
SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Average Participant Retirement Account Value
In 2023, the average participant retirement account value for SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is $477,388.00
SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is $6,131.00.
SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is approximately $4,598.00
Investing in this additonal $4,598.00 for 20 years would give you extra $294,310.00, assuming a 10% annual return.
Investing in this additonal $4,598.00 for 20 years would give you extra $294,310.00, assuming a 10% annual return.
SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Total Employer Contribution and Match Rate
In 2023, SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST allocates $772,564.00 to match its employees' contributions, providing an employer match rate of 71.59% of their contributions
SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is 6.17%.
SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is 10.10%. This measures the effectiveness of the plan participants' investments in the year.
SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Expense Ratio
In 2023, the investment and administrative expense ratio of SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is 0.12%.
Enrollment Features
SIEMER MILLING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 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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