FORT WAYNE FOUNDRY/COLE PATTERN

EIN: 350810967

Plan Overview & Key Metrics

FORT WAYNE FOUNDRY/COLE PATTERN is a defined contribution retirement plan offered by FORT WAYNE FOUNDRY/COLE PATTERN. Below is a snapshot of the plan’s financial health, participant activity, and employer generosity based on publicly filed data. Use these metrics to benchmark your own contributions and see how this plan compares to peers.

FORT WAYNE FOUNDRY/COLE PATTERN Total Retirement Plan Assets

At the end of 2009, the total retirement plan assets of FORT WAYNE FOUNDRY/COLE PATTERN is $7,214,598.00. This plan was established in 1992.

FORT WAYNE FOUNDRY/COLE PATTERN Total Number of Retirement Plan Participants

At the end of 2009, the total number of retirement plan participants in FORT WAYNE FOUNDRY/COLE PATTERN is 195.

FORT WAYNE FOUNDRY/COLE PATTERN Average Participant Retirement Account Value

In 2009, the average participant retirement account value for FORT WAYNE FOUNDRY/COLE PATTERN is $36,997.00

FORT WAYNE FOUNDRY/COLE PATTERN Estimated Average Employee Contribution Amount

In 2009, the estimated average employee contribution amount per participant for FORT WAYNE FOUNDRY/COLE PATTERN is $1,364.00.

FORT WAYNE FOUNDRY/COLE PATTERN Estimated Average Employer Match

In 2009, the estimated average employer match for an employee in FORT WAYNE FOUNDRY/COLE PATTERN is approximately $298.00
Investing in this additional $298.00 for 20 years would give you extra $19,110.00, assuming a 10% annual return.

FORT WAYNE FOUNDRY/COLE PATTERN Total Employer Contribution and Match Rate

In 2009, FORT WAYNE FOUNDRY/COLE PATTERN allocates $58,226.00 to match its employees’ contributions, providing an employer match rate of 43.76% of their contributions

FORT WAYNE FOUNDRY/COLE PATTERN Total Retirement Plan Asset Growth Rate

In 2009, the total retirement plan asset growth rate of FORT WAYNE FOUNDRY/COLE PATTERN is -33.76%.

FORT WAYNE FOUNDRY/COLE PATTERN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2009, the estimated aggregate retirement account investment gain/loss for FORT WAYNE FOUNDRY/COLE PATTERN is 24.10%. This measures the effectiveness of the plan participants’ investments in the year.

FORT WAYNE FOUNDRY/COLE PATTERN Expense Ratio

In 2009, the investment and administrative expense ratio of FORT WAYNE FOUNDRY/COLE PATTERN is 0.14%.

*Data from public filings (2009) 350810967-002 (old).

Plan Administrator & Contact

Need to reach the plan administrator, update beneficiaries, or request a distribution? Use the contact details below. If the plan uses an external recordkeeper (such as Fidelity, Vanguard, or Empower), their portal is typically the fastest way to manage your account day to day.

FORT WAYNE FOUNDRY/COLE PATTERN Contact Info:

Reach the plan administrator by phone:

  • Plan phone: (260) 483-0382

Please log in to view the contact name and other detailed contact information.

Enrollment & Brokerage Features

The following features describe how FORT WAYNE FOUNDRY/COLE PATTERN handles enrollment, default investments, and access to self-directed brokerage windows. Plans that offer auto-enrollment tend to have higher participation rates, and a brokerage window can give you access to investments beyond the plan’s core lineup.

What Should You Do Next?

Your 401(k) is likely your single largest wealth-building tool. Here is how to make the most of FORT WAYNE FOUNDRY/COLE PATTERN:

  1. Contribute enough to capture the full employer match. This is free money — see the match details on the Contribution & Match page.
  2. Review your investment allocation. Make sure your mix of stocks, bonds, and other assets matches your age and risk tolerance. Check available investment options.
  3. Keep your beneficiary designations current. Life events (marriage, divorce, children) mean your beneficiary form may need updating.
  4. Increase contributions over time. Even a 1% annual bump can add tens of thousands to your retirement balance over a career.

Use our 401(k) Savings Calculator to project how your current contribution rate translates into retirement wealth, or try the Asset Allocation Calculator to find an allocation that fits your risk profile.

Get Key Insights for This Plan

Join our community and get data-driven insights about FORT WAYNE FOUNDRY/COLE PATTERN. See how it compares to peer companies in fees, match generosity, and investment quality in its MyPlanIQ plan rating.

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Money headlines from this plan

These filing-based headlines surface the numbers most likely to affect a participant decision. Verify current plan documents before acting.

  • Average plan assets per reported participant: $36,998
    Based on the 2009 public filing. This is a plan-wide average, not a personal retirement target. Calculate a personal retirement target.
  • Employer contributions per reported participant: $299
    Based on the 2009 public filing. This reported average can include match, profit sharing, or other employer contributions. Review the match and contribution details.
  • Employee contributions per reported participant: $682
    Based on the 2009 public filing. Individual contribution rates vary with pay, eligibility, and participation. Model a contribution increase.
  • Reported administrative expenses as a share of assets: 0.14%
    Based on the 2009 public filing. This plan-level administrative ratio does not replace current fund expense ratios or participant fee disclosures. Estimate the long-term impact of fees.

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