MITEQ, INC. SAVINGS AND SECURITY PLAN
Plan Contact
- Address: 100 DAVIDS DRIVE,HAUPPAUGE,NY
- Contact person: WENDY RINGHISER
- Phone: (631) 439-9214
Plan General Information
MITEQ, INC. SAVINGS AND SECURITY PLAN Total Retirement Plan Assets
At the end of 2014, the total retirement plan assets of MITEQ, INC. SAVINGS AND SECURITY PLAN is $46,159,604.00.This plan was established in 1985.
MITEQ, INC. SAVINGS AND SECURITY PLAN Total Number of Retirement Plan Participants
At the end of 2014, the total number of retirement plan participants in MITEQ, INC. SAVINGS AND SECURITY PLAN is 543
MITEQ, INC. SAVINGS AND SECURITY PLAN Average Participant Retirement Account Value
In 2014, the average participant retirement account value for MITEQ, INC. SAVINGS AND SECURITY PLAN is $85,008.00
MITEQ, INC. SAVINGS AND SECURITY PLAN Estimated Average Employee Contribution Amount
In 2014, the estimated average employee contribution amount per participant for MITEQ, INC. SAVINGS AND SECURITY PLAN is $5,016.00.
MITEQ, INC. SAVINGS AND SECURITY PLAN Total Retirement Plan Asset Growth Rate
In 2014, the total retirement plan asset growth rate of MITEQ, INC. SAVINGS AND SECURITY PLAN is -3.64%.
MITEQ, INC. SAVINGS AND SECURITY PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2014, the estimated aggregate retirement account investment gain/loss for MITEQ, INC. SAVINGS AND SECURITY PLAN is 5.00%. This measures the effectiveness of the plan participants' investments in the year.
MITEQ, INC. SAVINGS AND SECURITY PLAN Expense Ratio
In 2014, the investment and administrative expense ratio of MITEQ, INC. SAVINGS AND SECURITY PLAN is 0.02%.
Enrollment Features
MITEQ, INC. SAVINGS AND SECURITY PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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