MERAKEY 401(K) PLAN

  • Address: 620 GERMANTOWN PIKE,LAFAYETTE HILL,PA
  • Phone: (610) 260-4635

MERAKEY 401(K) 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.

At the end of 2022, the total retirement plan assets of MERAKEY 401(K) PLAN is $3,853,404.00.This plan was established in 2002.

At the end of 2022, the total number of retirement plan participants in MERAKEY 401(K) PLAN is 439

In 2022, the average participant retirement account value for MERAKEY 401(K) PLAN is $8,777.00

In 2022, the estimated average employee contribution amount per participant for MERAKEY 401(K) PLAN is $653.00

In 2022, the estimated average employer match for an employee in MERAKEY 401(K) PLAN is approximately $173.00

In 2022, MERAKEY 401(K) PLAN allocates $76,304.00 to match its employees' contributions, providing an employer match rate of 26.43% of their contributions

In 2022, the total retirement plan asset growth rate of MERAKEY 401(K) PLAN is 0.78%

In 2022, the estimated aggregate retirement account investment gain/loss for MERAKEY 401(K) PLAN is -0.88%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of MERAKEY 401(K) PLAN is 0.31%.

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