GLENN MACHINE WORKS, INC. 401(K) PLAN
Plan Contact
- Address: P.O. BOX 1247,COLUMBUS,MS
- Phone: (662) 328-4611
Plan General Information
GLENN MACHINE WORKS, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of GLENN MACHINE WORKS, INC. 401(K) PLAN is $8,879,441.00.This plan was established in 2007.
GLENN MACHINE WORKS, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in GLENN MACHINE WORKS, INC. 401(K) PLAN is 235
GLENN MACHINE WORKS, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for GLENN MACHINE WORKS, INC. 401(K) PLAN is $37,784.00
GLENN MACHINE WORKS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for GLENN MACHINE WORKS, INC. 401(K) PLAN is $2,689.00.
GLENN MACHINE WORKS, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in GLENN MACHINE WORKS, INC. 401(K) PLAN is approximately $1,334.00
Investing in this additonal $1,334.00 for 20 years would give you extra $85,422.00, assuming a 10% annual return.
Investing in this additonal $1,334.00 for 20 years would give you extra $85,422.00, assuming a 10% annual return.
GLENN MACHINE WORKS, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, GLENN MACHINE WORKS, INC. 401(K) PLAN allocates $313,661.00 to match its employees' contributions, providing an employer match rate of 49.32% of their contributions
GLENN MACHINE WORKS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of GLENN MACHINE WORKS, INC. 401(K) PLAN is 20.27%.
GLENN MACHINE WORKS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for GLENN MACHINE WORKS, INC. 401(K) PLAN is 16.33%. This measures the effectiveness of the plan participants' investments in the year.
GLENN MACHINE WORKS, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of GLENN MACHINE WORKS, INC. 401(K) PLAN is 1.11%.
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