THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN

Plan Contact

  • Address: 22355 WEST ELEVEN MILE ROAD,SOUTHFIELD,MI
  • Contact person: KATHRYN LITTLETON
  • Phone: (248) 233-5676

Plan General Information

THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN is $340,642,756.00.This plan was established in 1994.

THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN is 6311

THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN is $53,976.00

THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN is $4,022.00.

THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN is approximately $1,600.00
Investing in this additonal $1,600.00 for 20 years would give you extra $102,410.00, assuming a 10% annual return.

THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN Total Employer Contribution and Match Rate

In 2023, THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN allocates $10,098,668.00 to match its employees' contributions, providing an employer match rate of 43.04% of their contributions

THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN is 20.13%.

THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN is 16.27%. This measures the effectiveness of the plan participants' investments in the year.

THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN is 0.13%.

Enrollment Features

THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

Recent Articles

Free newsletters

High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more …

Puzzled on what to invest?

  • We ask a few questions to decide your personal return and risk expectations
  • We build a custom portfolio for your plan (401(k), 403(b), 529 …) or for a  brokerage account
  • We monitor and send timely rebalance emails on what investment funds to buy and sell

Get Started

Looking for ideas to generate income?

  • ETF or mutual fund income portfolios for 4-7% annual income
  • Dividend stock funds
  • Passive real estate investments
  • more …

Click for tips and plans for income

Portfolio Calculator (Simulator)

Quickly enter fund allocation and get a back test result on the performance of this ‘lazy’ portfolio.

Customize Asset Allocation Portfolios

Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.

Retirement Calculator

See how much you can save for retirement.

Investment Calculator

Grow your wealth and see the power of compounding.


Looking for a (forgotten) 401(k)?

Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan …