MET LABORATORIES INC 401(K) RETIREMENT PLAN

Plan Contact

  • Address: 914 WEST PATAPSCO AVENUE,BALTIMORE,MD
  • Contact person: SHERRY SALLING
  • Phone: (410) 354-3300

Plan General Information

MET LABORATORIES INC 401(K) RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2017, the total retirement plan assets of MET LABORATORIES INC 401(K) RETIREMENT PLAN is $12,980,167.00.This plan was established in 1992.

MET LABORATORIES INC 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2017, the total number of retirement plan participants in MET LABORATORIES INC 401(K) RETIREMENT PLAN is 194

MET LABORATORIES INC 401(K) RETIREMENT PLAN Average Participant Retirement Account Value

In 2017, the average participant retirement account value for MET LABORATORIES INC 401(K) RETIREMENT PLAN is $66,908.00

MET LABORATORIES INC 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for MET LABORATORIES INC 401(K) RETIREMENT PLAN is $6,297.00.

MET LABORATORIES INC 401(K) RETIREMENT PLAN Estimated Average Employer Match

In 2017, the estimated average employer match for an employee in MET LABORATORIES INC 401(K) RETIREMENT PLAN is approximately $1,180.00
Investing in this additonal $1,180.00 for 20 years would give you extra $75,537.00, assuming a 10% annual return.

MET LABORATORIES INC 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2017, MET LABORATORIES INC 401(K) RETIREMENT PLAN allocates $228,973.00 to match its employees' contributions, providing an employer match rate of 37.49% of their contributions

MET LABORATORIES INC 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2017, the total retirement plan asset growth rate of MET LABORATORIES INC 401(K) RETIREMENT PLAN is 21.35%.

MET LABORATORIES INC 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2017, the estimated aggregate retirement account investment gain/loss for MET LABORATORIES INC 401(K) RETIREMENT PLAN is 21.54%. This measures the effectiveness of the plan participants' investments in the year.

MET LABORATORIES INC 401(K) RETIREMENT PLAN Expense Ratio

In 2017, the investment and administrative expense ratio of MET LABORATORIES INC 401(K) RETIREMENT PLAN is 0.04%.

Enrollment Features

MET LABORATORIES 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.


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