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MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN

Plan Contact

  • Address: 601 PRO-JECT DRIVE,ELMWOOD,WI
  • Contact person: DEBBIE VOTH
  • Phone: (715) 953-2403

Plan General Information

MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN is $6,091,836.00.This plan was established in 1995.

MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN is 260

MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN is $23,430.00

MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN is $2,661.00.

MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN is approximately $1,945.00
Investing in this additonal $1,945.00 for 20 years would give you extra $124,536.00, assuming a 10% annual return.

MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN allocates $505,929.00 to match its employees' contributions, providing an employer match rate of 84.49% of their contributions

MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN is 38.23%.

MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN is 16.27%. This measures the effectiveness of the plan participants' investments in the year.

MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN is 0.46%.

Enrollment Features

MARK ANDERSON AND ASSOCIATES, INC. 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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