MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN
Plan Contact
- Address: 24588 CHURCH ST.,CHENOA,IL
- Contact person: BRENDA K. BLAIR
- Phone: (309) 747-3634
Plan General Information
MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2019, the total retirement plan assets of MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN is $2,399,493.00.This plan was established in 1991.
MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2019, the total number of retirement plan participants in MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN is 152
MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN Average Participant Retirement Account Value
In 2019, the average participant retirement account value for MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN is $15,786.00
MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2019, the estimated average employee contribution amount per participant for MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN is $561.00.
MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN Estimated Average Employer Match
In 2019, the estimated average employer match for an employee in MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN is approximately $96.00
Investing in this additonal $96.00 for 20 years would give you extra $6,165.00, assuming a 10% annual return.
Investing in this additonal $96.00 for 20 years would give you extra $6,165.00, assuming a 10% annual return.
MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2019, MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN allocates $14,643.00 to match its employees' contributions, providing an employer match rate of 34.34% of their contributions
MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2019, the total retirement plan asset growth rate of MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN is 11.50%.
MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2019, the estimated aggregate retirement account investment gain/loss for MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN is 19.82%. This measures the effectiveness of the plan participants' investments in the year.
MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN Expense Ratio
In 2019, the investment and administrative expense ratio of MEADOWS MENNONITE EMPLOYEE RETIREMENT PLAN is 0.36%.
Enrollment Features
MEADOWS MENNONITE EMPLOYEE RETIREMENT 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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