MCM CORP SAVINGS PLAN

Plan Contact

  • Contact person: JORGE MONILLA
  • Phone: (305) 541-6869

Plan General Information

MCM CORP SAVINGS PLAN Total Retirement Plan Assets

At the end of 2007, the total retirement plan assets of MCM CORP SAVINGS PLAN is $5,559,138.00.This plan was established in 1995.

MCM CORP SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2007, the total number of retirement plan participants in MCM CORP SAVINGS PLAN is 291

MCM CORP SAVINGS PLAN Average Participant Retirement Account Value

In 2007, the average participant retirement account value for MCM CORP SAVINGS PLAN is $19,103.00

MCM CORP SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2007, the estimated average employee contribution amount per participant for MCM CORP SAVINGS PLAN is $3,024.00.

MCM CORP SAVINGS PLAN Estimated Average Employer Match

In 2007, the estimated average employer match for an employee in MCM CORP SAVINGS PLAN is approximately $1,063.00
Investing in this additonal $1,063.00 for 20 years would give you extra $68,067.00, assuming a 10% annual return.

MCM CORP SAVINGS PLAN Total Employer Contribution and Match Rate

In 2007, MCM CORP SAVINGS PLAN allocates $309,494.00 to match its employees' contributions, providing an employer match rate of 70.34% of their contributions

MCM CORP SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2007, the total retirement plan asset growth rate of MCM CORP SAVINGS PLAN is 20.86%.

MCM CORP SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2007, the estimated aggregate retirement account investment gain/loss for MCM CORP SAVINGS PLAN is 11.83%. This measures the effectiveness of the plan participants' investments in the year.

MCM CORP SAVINGS PLAN Expense Ratio

In 2007, the investment and administrative expense ratio of MCM CORP SAVINGS PLAN is 0.02%.

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