MICRON INDUSTRIES CORPORATION 401(K) PLAN
- Address: 1211 W 22ND ST STE 200,OAK BROOK,IL
- Contact person: HEIDI HUNTER
- Phone: (630) 516-5103
MICRON INDUSTRIES CORPORATION 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.
At the end of 2021, the total retirement plan assets of MICRON INDUSTRIES CORPORATION 401(K) PLAN is $4,215,351.00.This plan was established in 2022.
At the end of 2021, the total number of retirement plan participants in MICRON INDUSTRIES CORPORATION 401(K) PLAN is 105
In 2021, the average participant retirement account value for MICRON INDUSTRIES CORPORATION 401(K) PLAN is $40,146.00
In 2021, the estimated average employee contribution amount per participant for MICRON INDUSTRIES CORPORATION 401(K) PLAN is $2,571.00
In 2021, the estimated average employer match for an employee in MICRON INDUSTRIES CORPORATION 401(K) PLAN is approximately $824.00
In 2021, MICRON INDUSTRIES CORPORATION 401(K) PLAN allocates $86,563.00 to match its employees' contributions, providing an employer match rate of 32.06% of their contributions
In 2021, the total retirement plan asset growth rate of MICRON INDUSTRIES CORPORATION 401(K) PLAN is 4.82%
In 2021, the estimated aggregate retirement account investment gain/loss for MICRON INDUSTRIES CORPORATION 401(K) PLAN is 18.17%. This measures the effectiveness of the plan participants' investments in the year.
In 2021, the investment and administrative expense ratio of MICRON INDUSTRIES CORPORATION 401(K) PLAN is 1.25%.
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