MIDWEST VETERINARY SUPPLY, INC. 401(K) PLAN

Plan Contact

  • Address: 21467 HOLYOKE AVE,LAKEVILLE,MN
  • Contact person: PAUL DAVID
  • Phone: (952) 894-4350

Plan General Information

MIDWEST VETERINARY SUPPLY, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MIDWEST VETERINARY SUPPLY, INC. 401(K) PLAN is $55,634,203.00.This plan was established in 1983.

MIDWEST VETERINARY SUPPLY, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MIDWEST VETERINARY SUPPLY, INC. 401(K) PLAN is 852

MIDWEST VETERINARY SUPPLY, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MIDWEST VETERINARY SUPPLY, INC. 401(K) PLAN is $65,298.00

MIDWEST VETERINARY SUPPLY, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MIDWEST VETERINARY SUPPLY, INC. 401(K) PLAN is $5,217.00.

MIDWEST VETERINARY SUPPLY, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MIDWEST VETERINARY SUPPLY, INC. 401(K) PLAN is approximately $820.00
Investing in this additonal $820.00 for 20 years would give you extra $52,528.00, assuming a 10% annual return.

MIDWEST VETERINARY SUPPLY, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, MIDWEST VETERINARY SUPPLY, INC. 401(K) PLAN allocates $699,280.00 to match its employees' contributions, providing an employer match rate of 16.71% of their contributions

MIDWEST VETERINARY SUPPLY, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MIDWEST VETERINARY SUPPLY, INC. 401(K) PLAN is 23.14%.

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

In 2023, the estimated aggregate retirement account investment gain/loss for MIDWEST VETERINARY SUPPLY, INC. 401(K) PLAN is 17.94%. This measures the effectiveness of the plan participants' investments in the year.

MIDWEST VETERINARY SUPPLY, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MIDWEST VETERINARY SUPPLY, INC. 401(K) PLAN is 0.15%.

Enrollment Features

MIDWEST VETERINARY SUPPLY, INC. 401(K) 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.

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