MICHIGAN PIZZA HUT, INC. 401(K) PLAN

Plan Contact

  • Address: 2053 NILES ROAD,SAINT JOSEPH,MI
  • Contact person: CHAD CARROLL
  • Phone: (269) 983-3888

Plan General Information

MICHIGAN PIZZA HUT, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MICHIGAN PIZZA HUT, INC. 401(K) PLAN is $4,446,797.00.This plan was established in 1989.

MICHIGAN PIZZA HUT, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MICHIGAN PIZZA HUT, INC. 401(K) PLAN is 494

MICHIGAN PIZZA HUT, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MICHIGAN PIZZA HUT, INC. 401(K) PLAN is $9,001.00

MICHIGAN PIZZA HUT, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MICHIGAN PIZZA HUT, INC. 401(K) PLAN is $366.00.

MICHIGAN PIZZA HUT, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MICHIGAN PIZZA HUT, INC. 401(K) PLAN is approximately $81.00
Investing in this additonal $81.00 for 20 years would give you extra $5,218.00, assuming a 10% annual return.

MICHIGAN PIZZA HUT, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, MICHIGAN PIZZA HUT, INC. 401(K) PLAN allocates $40,277.00 to match its employees' contributions, providing an employer match rate of 21.97% of their contributions

MICHIGAN PIZZA HUT, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MICHIGAN PIZZA HUT, INC. 401(K) PLAN is 17.46%.

MICHIGAN PIZZA HUT, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MICHIGAN PIZZA HUT, INC. 401(K) PLAN is 15.37%. This measures the effectiveness of the plan participants' investments in the year.

MICHIGAN PIZZA HUT, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MICHIGAN PIZZA HUT, INC. 401(K) PLAN is 0.77%.

Enrollment Features

MICHIGAN PIZZA HUT, 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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