MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN
Plan Contact
- Address: 1101 WATER STREET,WILTON,WI
- Contact person: ALLAN MARTIN
- Phone: (608) 435-2063
Plan General Information
MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN is $8,167,487.00.This plan was established in 1995.
MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN is 265
MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN is $30,820.00
MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN is $2,845.00.
MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN is approximately $1,387.00
Investing in this additonal $1,387.00 for 20 years would give you extra $88,830.00, assuming a 10% annual return.
Investing in this additonal $1,387.00 for 20 years would give you extra $88,830.00, assuming a 10% annual return.
MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN Total Employer Contribution and Match Rate
In 2023, MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN allocates $367,812.00 to match its employees' contributions, providing an employer match rate of 48.96% of their contributions
MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN is -3.06%.
MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN is 8.27%. This measures the effectiveness of the plan participants' investments in the year.
MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN is 0.65%.
Enrollment Features
MARTIN'S BULK MILK SERVICE, 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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