BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: 1845 N CEDAR ST,HOLT,MI
  • Phone: (517) 668-8800

Plan General Information

BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN is $16,347,455.00.This plan was established in 2002.

BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN is 221

BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN is $73,970.00

BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN is $6,864.00.

BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN is approximately $2,738.00
Investing in this additonal $2,738.00 for 20 years would give you extra $175,283.00, assuming a 10% annual return.

BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2023, BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN allocates $605,277.00 to match its employees' contributions, providing an employer match rate of 45.80% of their contributions

BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN is 36.32%.

BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN is 18.63%. This measures the effectiveness of the plan participants' investments in the year.

BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN is 0.51%.

Enrollment Features

BLOCK IMAGING INTERNATIONAL, INC. 401(K) PROFIT SHARING 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.

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