WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN
Plan Contact
- Address: 31330 MOUND RD.,WARREN,MI
- Contact person: LLOYD BROWN
- Phone: (586) 274-2300
Plan General Information
WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN is $6,147,112.00.This plan was established in 1993.
WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN is 141
WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN is $43,596.00
WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN is $3,555.00.
WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN is approximately $837.00
Investing in this additonal $837.00 for 20 years would give you extra $53,607.00, assuming a 10% annual return.
Investing in this additonal $837.00 for 20 years would give you extra $53,607.00, assuming a 10% annual return.
WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN Total Employer Contribution and Match Rate
In 2023, WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN allocates $118,105.00 to match its employees' contributions, providing an employer match rate of 25.45% of their contributions
WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN is -15.83%.
WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN is -21.80%. This measures the effectiveness of the plan participants' investments in the year.
WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT PLAN is 0.06%.
Enrollment Features
WALTONEN ENGINEERING DEFERRED COMPENSATION THRIFT 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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