WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN

Plan Contact

  • Address: 1425 AERIAL VIEW DR,GRAND HAVEN,MI
  • Contact person: BRUCE DUFF
  • Phone: (616) 846-4950

Plan General Information

WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2015, the total retirement plan assets of WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN is $3,354,602.00.This plan was established in 1986.

WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2015, the total number of retirement plan participants in WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN is 12

WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2015, the average participant retirement account value for WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN is $279,550.00

WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2015, the estimated average employee contribution amount per participant for WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN is $35,021.00.

WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN Estimated Average Employer Match

In 2015, the estimated average employer match for an employee in WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN is approximately $5,355.00
Investing in this additonal $5,355.00 for 20 years would give you extra $342,778.00, assuming a 10% annual return.

WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2015, WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN allocates $64,271.00 to match its employees' contributions, providing an employer match rate of 30.59% of their contributions

WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2015, the total retirement plan asset growth rate of WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN is 2.66%.

WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2015, the estimated aggregate retirement account investment gain/loss for WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN is -0.43%. This measures the effectiveness of the plan participants' investments in the year.

WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN Expense Ratio

In 2015, the investment and administrative expense ratio of WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING PLAN is 0.35%.

Enrollment Features

WEST MICHIGAN MOLDING INC 401(K) SAVINGS & PROFIT SHARING 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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