MAPAL INC. OFFICE 401(K) PLAN
Plan Contact
- Address: 4032 DOVE ROAD,PORT HURON,MI
- Contact person: MARANDA MITCHELL
- Phone: (810) 364-8020
Plan General Information
MAPAL INC. OFFICE 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of MAPAL INC. OFFICE 401(K) PLAN is $15,691,356.00.This plan was established in 2002.
MAPAL INC. OFFICE 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in MAPAL INC. OFFICE 401(K) PLAN is 219
MAPAL INC. OFFICE 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for MAPAL INC. OFFICE 401(K) PLAN is $71,650.00
MAPAL INC. OFFICE 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for MAPAL INC. OFFICE 401(K) PLAN is $8,896.00.
MAPAL INC. OFFICE 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in MAPAL INC. OFFICE 401(K) PLAN is approximately $2,022.00
Investing in this additonal $2,022.00 for 20 years would give you extra $129,460.00, assuming a 10% annual return.
Investing in this additonal $2,022.00 for 20 years would give you extra $129,460.00, assuming a 10% annual return.
MAPAL INC. OFFICE 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, MAPAL INC. OFFICE 401(K) PLAN allocates $442,996.00 to match its employees' contributions, providing an employer match rate of 45.48% of their contributions
MAPAL INC. OFFICE 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of MAPAL INC. OFFICE 401(K) PLAN is 19.71%.
MAPAL INC. OFFICE 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for MAPAL INC. OFFICE 401(K) PLAN is 19.16%. This measures the effectiveness of the plan participants' investments in the year.
MAPAL INC. OFFICE 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of MAPAL INC. OFFICE 401(K) PLAN is 0.22%.
Enrollment Features
MAPAL INC. OFFICE 401(K) 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.
Recent Articles
- Rule of Thumb: The 50/30/20 Budget Rule
- Option-Based Income Funds: Pros and Cons
- 9 Lessons From Retirees’ Biggest Retirement Regrets
- Top 15 ETFs for Self-Directed Brokerage Accounts or Brokerage Window in 401(k) Plans
- Top 15 Large Companies with the Highest Employer Match Rate per Employee
- Top 15 Large Companies Offering the Most Generous Employer Matches
- Top 7 Companies with Billion-Dollar Contributions to Employee Retirement Plans
- January 2025 MyPlanIQ Portfolio Update
- Retirement Savings Tracker and Future ‘Pension’ Estimator
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more …
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 …) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more …
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this ‘lazy’ portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan …