KALIX RETIREMENT PLAN

Plan Contact

  • Address: 605 27TH STREET SE,,MINOT,ND
  • Phone: (701) 852-1014

Plan General Information

KALIX RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of KALIX RETIREMENT PLAN is $19,793,849.00.This plan was established in 1984.

KALIX RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in KALIX RETIREMENT PLAN is 406

KALIX RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for KALIX RETIREMENT PLAN is $48,753.00

KALIX RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for KALIX RETIREMENT PLAN is $2,198.00.

KALIX RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in KALIX RETIREMENT PLAN is approximately $3,544.00
Investing in this additonal $3,544.00 for 20 years would give you extra $226,821.00, assuming a 10% annual return.

KALIX RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, KALIX RETIREMENT PLAN allocates $1,438,899.00 to match its employees' contributions, providing an employer match rate of 322.48% of their contributions

KALIX RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of KALIX RETIREMENT PLAN is 10.43%.

KALIX RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for KALIX RETIREMENT PLAN is 11.78%. This measures the effectiveness of the plan participants' investments in the year.

KALIX RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of KALIX RETIREMENT PLAN is 0.51%.

Enrollment Features

KALIX RETIREMENT PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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