MECUM AUCTIONS, INC. 401(K) RETIREMENT PLAN

  • Address: 445 S. MAIN ST.,WALWORTH,WI
  • Phone: (262) 275-5050

MECUM AUCTIONS, INC. 401(K) RETIREMENT 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.

At the end of 2022, the total retirement plan assets of MECUM AUCTIONS, INC. 401(K) RETIREMENT PLAN is $7,920,955.00.This plan was established in 2016.

At the end of 2022, the total number of retirement plan participants in MECUM AUCTIONS, INC. 401(K) RETIREMENT PLAN is 157

In 2022, the average participant retirement account value for MECUM AUCTIONS, INC. 401(K) RETIREMENT PLAN is $50,451.00

In 2022, the estimated average employee contribution amount per participant for MECUM AUCTIONS, INC. 401(K) RETIREMENT PLAN is $6,364.00

In 2022, the estimated average employer match for an employee in MECUM AUCTIONS, INC. 401(K) RETIREMENT PLAN is approximately $2,585.00

In 2022, MECUM AUCTIONS, INC. 401(K) RETIREMENT PLAN allocates $405,947.00 to match its employees' contributions, providing an employer match rate of 41.69% of their contributions

In 2022, the total retirement plan asset growth rate of MECUM AUCTIONS, INC. 401(K) RETIREMENT PLAN is -0.86%

In 2022, the estimated aggregate retirement account investment gain/loss for MECUM AUCTIONS, INC. 401(K) RETIREMENT PLAN is -14.84%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of MECUM AUCTIONS, INC. 401(K) RETIREMENT PLAN is 0.68%.

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