F & M MAFCO, INC. SAVINGS AND INVESTMENT PLAN

  • Address: 9149 DRY FORK ROAD,HARRISON,OH
  • Contact person: SCHERYL HOQUE
  • Phone: (513) 367-2151
Investment Options of F & M MAFCO, INC. SAVINGS AND INVESTMENT PLAN (as of 2022)
MIP CL 1 (FIDELITY MANAGEMENT TRUST COMPANY)

F & M MAFCO, INC. SAVINGS AND INVESTMENT 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.

At the end of 2022, the total retirement plan assets of F & M MAFCO, INC. SAVINGS AND INVESTMENT PLAN is $23,871,880.00.This plan was established in 1967.

At the end of 2022, the total number of retirement plan participants in F & M MAFCO, INC. SAVINGS AND INVESTMENT PLAN is 334

In 2022, the average participant retirement account value for F & M MAFCO, INC. SAVINGS AND INVESTMENT PLAN is $71,472.00

In 2022, the estimated average employee contribution amount per participant for F & M MAFCO, INC. SAVINGS AND INVESTMENT PLAN is $3,780.00

In 2022, the estimated average employer match for an employee in F & M MAFCO, INC. SAVINGS AND INVESTMENT PLAN is approximately $6.00

In 2022, F & M MAFCO, INC. SAVINGS AND INVESTMENT PLAN allocates $2,064.00 to match its employees' contributions, providing an employer match rate of 0.16% of their contributions

In 2022, the total retirement plan asset growth rate of F & M MAFCO, INC. SAVINGS AND INVESTMENT PLAN is 0.00%

In 2022, the estimated aggregate retirement account investment gain/loss for F & M MAFCO, INC. SAVINGS AND INVESTMENT PLAN is 24.78%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of F & M MAFCO, INC. SAVINGS AND INVESTMENT PLAN is 0.06%.

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