HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN
Plan Contact
- Address: 860 E. MAIN STREET,ZEELAND,MI
- Phone: (616) 772-9131
Plan General Information
HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN is $23,129,482.00.This plan was established in 1960.
HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN is 307
HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN is $75,340.00
HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN is $2,361.00.
HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN is approximately $694.00
Investing in this additonal $694.00 for 20 years would give you extra $44,461.00, assuming a 10% annual return.
Investing in this additonal $694.00 for 20 years would give you extra $44,461.00, assuming a 10% annual return.
HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN Total Employer Contribution and Match Rate
In 2023, HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN allocates $213,274.00 to match its employees' contributions, providing an employer match rate of 29.86% of their contributions
HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN is -7.33%.
HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN is 20.49%. This measures the effectiveness of the plan participants' investments in the year.
HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN is 0.60%.
Enrollment Features
HOWARD MILLER-HEKMAN PROFIT SHARING AND 401(K) SAVINGS PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
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