MAJIK RENT-TO-OWN 401(K) PLAN

Plan Contact

  • Address: 150 N. DONNERVILLE ROAD,MOUNTVILLE,PA
  • Contact person: DANIEL FISHER
  • Phone: (717) 397-3372

Plan General Information

MAJIK RENT-TO-OWN 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of MAJIK RENT-TO-OWN 401(K) PLAN is $2,286,295.00.This plan was established in 2010.

MAJIK RENT-TO-OWN 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in MAJIK RENT-TO-OWN 401(K) PLAN is 127

MAJIK RENT-TO-OWN 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for MAJIK RENT-TO-OWN 401(K) PLAN is $18,002.00

MAJIK RENT-TO-OWN 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for MAJIK RENT-TO-OWN 401(K) PLAN is $1,120.00.

MAJIK RENT-TO-OWN 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in MAJIK RENT-TO-OWN 401(K) PLAN is approximately $383.00
Investing in this additonal $383.00 for 20 years would give you extra $24,550.00, assuming a 10% annual return.

MAJIK RENT-TO-OWN 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, MAJIK RENT-TO-OWN 401(K) PLAN allocates $48,717.00 to match its employees' contributions, providing an employer match rate of 68.44% of their contributions

MAJIK RENT-TO-OWN 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of MAJIK RENT-TO-OWN 401(K) PLAN is 0.01%.

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