MARION BODY WORKS, INC. SAVINGS PLAN

Plan Contact

  • Address: 211 W. RAMSDELL STREET,MARION,WI
  • Contact person: MARY JO WENZEL
  • Phone: (715) 754-5261

Plan General Information

MARION BODY WORKS, INC. SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MARION BODY WORKS, INC. SAVINGS PLAN is $16,784,398.00.This plan was established in 1986.

MARION BODY WORKS, INC. SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MARION BODY WORKS, INC. SAVINGS PLAN is 312

MARION BODY WORKS, INC. SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MARION BODY WORKS, INC. SAVINGS PLAN is $53,796.00

MARION BODY WORKS, INC. SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MARION BODY WORKS, INC. SAVINGS PLAN is $3,166.00.

MARION BODY WORKS, INC. SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MARION BODY WORKS, INC. SAVINGS PLAN is approximately $1,581.00
Investing in this additonal $1,581.00 for 20 years would give you extra $101,211.00, assuming a 10% annual return.

MARION BODY WORKS, INC. SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, MARION BODY WORKS, INC. SAVINGS PLAN allocates $493,405.00 to match its employees' contributions, providing an employer match rate of 49.31% of their contributions

MARION BODY WORKS, INC. SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MARION BODY WORKS, INC. SAVINGS PLAN is 10.82%.

MARION BODY WORKS, INC. SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MARION BODY WORKS, INC. SAVINGS PLAN is 16.82%. This measures the effectiveness of the plan participants' investments in the year.

MARION BODY WORKS, INC. SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MARION BODY WORKS, INC. SAVINGS PLAN is 0.39%.

Enrollment Features

MARION BODY WORKS, INC. SAVINGS 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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