MIRACA LIFE SCIENCES, INC. 401(K)

Plan Contact

  • Address: 6655 NORTH MACARTHUR BLVD,IRVING,TX
  • Contact person: CHRIS WALKER
  • Phone: (857) 229-1507

Plan General Information

MIRACA LIFE SCIENCES, INC. 401(K) Total Retirement Plan Assets

At the end of 2017, the total retirement plan assets of MIRACA LIFE SCIENCES, INC. 401(K) is $65,617,741.00.This plan was established in 1998.

MIRACA LIFE SCIENCES, INC. 401(K) Total Number of Retirement Plan Participants

At the end of 2017, the total number of retirement plan participants in MIRACA LIFE SCIENCES, INC. 401(K) is 1314

MIRACA LIFE SCIENCES, INC. 401(K) Average Participant Retirement Account Value

In 2017, the average participant retirement account value for MIRACA LIFE SCIENCES, INC. 401(K) is $49,937.00

MIRACA LIFE SCIENCES, INC. 401(K) Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for MIRACA LIFE SCIENCES, INC. 401(K) is $8,283.00.

MIRACA LIFE SCIENCES, INC. 401(K) Estimated Average Employer Match

In 2017, the estimated average employer match for an employee in MIRACA LIFE SCIENCES, INC. 401(K) is approximately $2,150.00
Investing in this additonal $2,150.00 for 20 years would give you extra $137,661.00, assuming a 10% annual return.

MIRACA LIFE SCIENCES, INC. 401(K) Total Employer Contribution and Match Rate

In 2017, MIRACA LIFE SCIENCES, INC. 401(K) allocates $2,826,364.00 to match its employees' contributions, providing an employer match rate of 51.94% of their contributions

MIRACA LIFE SCIENCES, INC. 401(K) Total Retirement Plan Asset Growth Rate

In 2017, the total retirement plan asset growth rate of MIRACA LIFE SCIENCES, INC. 401(K) is 25.45%.

MIRACA LIFE SCIENCES, INC. 401(K) Estimated Aggregate Retirement Account Investment Gain/Loss

In 2017, the estimated aggregate retirement account investment gain/loss for MIRACA LIFE SCIENCES, INC. 401(K) is 17.10%. This measures the effectiveness of the plan participants' investments in the year.

MIRACA LIFE SCIENCES, INC. 401(K) Expense Ratio

In 2017, the investment and administrative expense ratio of MIRACA LIFE SCIENCES, INC. 401(K) is 0.03%.

Enrollment Features

MIRACA LIFE SCIENCES, INC. 401(K) 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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