MIDNITE AIR CORPORATION 401(K) PLAN

Plan Contact

  • Address: 300 N OAK STREET,INGLEWOOD,CA
  • Phone: (310) 330-2328

Plan General Information

MIDNITE AIR CORPORATION 401(K) PLAN Total Retirement Plan Assets

At the end of 2009, the total retirement plan assets of MIDNITE AIR CORPORATION 401(K) PLAN is $1,422,467.00.This plan was established in 2004.

MIDNITE AIR CORPORATION 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2009, the total number of retirement plan participants in MIDNITE AIR CORPORATION 401(K) PLAN is 132

MIDNITE AIR CORPORATION 401(K) PLAN Average Participant Retirement Account Value

In 2009, the average participant retirement account value for MIDNITE AIR CORPORATION 401(K) PLAN is $10,776.00

MIDNITE AIR CORPORATION 401(K) PLAN Estimated Average Employee Contribution Amount

In 2009, the estimated average employee contribution amount per participant for MIDNITE AIR CORPORATION 401(K) PLAN is $2,245.00.

MIDNITE AIR CORPORATION 401(K) PLAN Estimated Average Employer Match

In 2009, the estimated average employer match for an employee in MIDNITE AIR CORPORATION 401(K) PLAN is approximately $300.00
Investing in this additonal $300.00 for 20 years would give you extra $19,232.00, assuming a 10% annual return.

MIDNITE AIR CORPORATION 401(K) PLAN Total Employer Contribution and Match Rate

In 2009, MIDNITE AIR CORPORATION 401(K) PLAN allocates $39,666.00 to match its employees' contributions, providing an employer match rate of 26.76% of their contributions

MIDNITE AIR CORPORATION 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2009, the total retirement plan asset growth rate of MIDNITE AIR CORPORATION 401(K) PLAN is 25.63%.

MIDNITE AIR CORPORATION 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2009, the estimated aggregate retirement account investment gain/loss for MIDNITE AIR CORPORATION 401(K) PLAN is 19.17%. This measures the effectiveness of the plan participants' investments in the year.

MIDNITE AIR CORPORATION 401(K) PLAN Expense Ratio

In 2009, the investment and administrative expense ratio of MIDNITE AIR CORPORATION 401(K) PLAN is 0.08%.

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