MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN

Plan Contact

  • Address: 5968 SUNNYSIDE RD,INDIANAPOLIS,IN
  • Contact person: RACHEL BAUER
  • Phone: (317) 600-2211

Plan General Information

MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2019, the total retirement plan assets of MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN is $3,380,467.00.This plan was established in 1984.

MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2019, the total number of retirement plan participants in MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN is 129

MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN Average Participant Retirement Account Value

In 2019, the average participant retirement account value for MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN is $26,205.00

MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2019, the estimated average employee contribution amount per participant for MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN is $3,969.00.

MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN Estimated Average Employer Match

In 2019, the estimated average employer match for an employee in MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN is approximately $169.00
Investing in this additonal $169.00 for 20 years would give you extra $10,863.00, assuming a 10% annual return.

MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2019, MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN allocates $21,896.00 to match its employees' contributions, providing an employer match rate of 8.55% of their contributions

MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2019, the total retirement plan asset growth rate of MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN is 16.95%.

MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2019, the estimated aggregate retirement account investment gain/loss for MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN is 20.29%. This measures the effectiveness of the plan participants' investments in the year.

MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN Expense Ratio

In 2019, the investment and administrative expense ratio of MEYER PLASTICS INC./TEDCO INC. 401(K) PLAN is 0.05%.

Enrollment Features

MEYER PLASTICS INC./TEDCO INC. 401(K) 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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