MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST
Plan Contact
- Address: 146 W. ISSERT DRIVE,KANKAKEE,IL
- Contact person: MICHAEL DOYLE
- Phone: (815) 614-1468
Plan General Information
MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST Total Retirement Plan Assets
At the end of 2021, the total retirement plan assets of MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST is $33,224,671.00.This plan was established in 2022.
MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST is 358
MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST Average Participant Retirement Account Value
In 2021, the average participant retirement account value for MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST is $92,806.00
MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST is $2,516.00.
MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST is approximately $1,391.00
Investing in this additonal $1,391.00 for 20 years would give you extra $89,072.00, assuming a 10% annual return.
Investing in this additonal $1,391.00 for 20 years would give you extra $89,072.00, assuming a 10% annual return.
MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST Total Employer Contribution and Match Rate
In 2021, MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST allocates $498,252.00 to match its employees' contributions, providing an employer match rate of 55.31% of their contributions
MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST Total Retirement Plan Asset Growth Rate
In 2021, the total retirement plan asset growth rate of MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST is 5.71%.
MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2021, the estimated aggregate retirement account investment gain/loss for MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST is 12.24%. This measures the effectiveness of the plan participants' investments in the year.
MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST Expense Ratio
In 2021, the investment and administrative expense ratio of MIDWEST TRANSIT EQUIPMENT, INC. PROFIT SHARING 40(K) PLAN AND TRUST is 0.32%.
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