ASPEN EQUIPMENT CO.401K PLAN AND TRUST
Plan Contact
- Address: 9150 PILLSBURY AVE. S.,BLOOMINGTON,MN
- Contact person: MARK NICOLAY
- Phone: (952) 656-7104
Plan General Information
ASPEN EQUIPMENT CO.401K PLAN AND TRUST Total Retirement Plan Assets
At the end of 2017, the total retirement plan assets of ASPEN EQUIPMENT CO.401K PLAN AND TRUST is $10,921,068.00.This plan was established in 1994.
ASPEN EQUIPMENT CO.401K PLAN AND TRUST Total Number of Retirement Plan Participants
At the end of 2017, the total number of retirement plan participants in ASPEN EQUIPMENT CO.401K PLAN AND TRUST is 145
ASPEN EQUIPMENT CO.401K PLAN AND TRUST Average Participant Retirement Account Value
In 2017, the average participant retirement account value for ASPEN EQUIPMENT CO.401K PLAN AND TRUST is $75,317.00
ASPEN EQUIPMENT CO.401K PLAN AND TRUST Estimated Average Employee Contribution Amount
In 2017, the estimated average employee contribution amount per participant for ASPEN EQUIPMENT CO.401K PLAN AND TRUST is $5,561.00.
ASPEN EQUIPMENT CO.401K PLAN AND TRUST Estimated Average Employer Match
In 2017, the estimated average employer match for an employee in ASPEN EQUIPMENT CO.401K PLAN AND TRUST is approximately $661.00
Investing in this additonal $661.00 for 20 years would give you extra $42,332.00, assuming a 10% annual return.
Investing in this additonal $661.00 for 20 years would give you extra $42,332.00, assuming a 10% annual return.
ASPEN EQUIPMENT CO.401K PLAN AND TRUST Total Employer Contribution and Match Rate
In 2017, ASPEN EQUIPMENT CO.401K PLAN AND TRUST allocates $95,910.00 to match its employees' contributions, providing an employer match rate of 23.79% of their contributions
ASPEN EQUIPMENT CO.401K PLAN AND TRUST Total Retirement Plan Asset Growth Rate
In 2017, the total retirement plan asset growth rate of ASPEN EQUIPMENT CO.401K PLAN AND TRUST is 18.88%.
ASPEN EQUIPMENT CO.401K PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2017, the estimated aggregate retirement account investment gain/loss for ASPEN EQUIPMENT CO.401K PLAN AND TRUST is 16.57%. This measures the effectiveness of the plan participants' investments in the year.
ASPEN EQUIPMENT CO.401K PLAN AND TRUST Expense Ratio
In 2017, the investment and administrative expense ratio of ASPEN EQUIPMENT CO.401K PLAN AND TRUST is 0.21%.
Enrollment Features
ASPEN EQUIPMENT CO.401K PLAN AND TRUST 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.
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