MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN

Plan Contact

  • Address: 1395 N CENTER POINT ROAD,HIAWATHA,IA
  • Contact person: RANDY MARTINEZ
  • Phone: (319) 393-6162

Plan General Information

MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN is $4,797,333.00.This plan was established in 2001.

MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN is 185

MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN is $25,931.00

MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN is $1,174.00.

MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN is approximately $578.00
Investing in this additonal $578.00 for 20 years would give you extra $36,998.00, assuming a 10% annual return.

MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN Total Employer Contribution and Match Rate

In 2022, MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN allocates $106,949.00 to match its employees' contributions, providing an employer match rate of 44.97% of their contributions

MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN is -16.32%.

MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN is -18.03%. This measures the effectiveness of the plan participants' investments in the year.

MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN is 1.03%.

Enrollment Features

MIDWEST JANITORIAL SERVICE, INC. 401(K) PLAN PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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