MI-T-M CORPORATION 401(K) PLAN
- Address: 50 MI-T-M DRIVE,PEOSTA,IA
- Contact person: TOM ALLENDORF
- Phone: (563) 556-7484
| Investment Options of MI-T-M CORPORATION 401(K) PLAN (as of 2022) |
|---|
| PRIN LIFETIME HYBR 2030 CIT Z (PRINCIPAL GLOBAL INVESTORS TRUST CO) |
| PRIN LIFETIME HYBR 2040 CIT Z (PRINCIPAL GLOBAL INVESTORS TRUST CO) |
| PRIN LIFETIME HYBR 2050 CIT Z (PRINCIPAL GLOBAL INVESTORS TRUST CO) |
| PRIN LIFETIME HYBR INC CIT Z (PRINCIPAL GLOBAL INVESTORS TRUST CO) |
| PRIN CAPITAL APPR SA-Z (PRINCIPAL LIFE INSURANCE COMPANY) |
| Click for all funds ↓↓↓ |
| PRIN EQUITY INCOME SA-Z (PRINCIPAL LIFE INSURANCE COMPANY) |
| PRIN LIFETIME HYBR 2060 CIT Z (PRINCIPAL GLOBAL INVESTORS TRUST CO) |
| PRINCIPAL STABLE VALUE Z FUND (PRINCIPAL GLOBAL INVESTORS TRUST CO) |
| PRIN MIDCAP SEP ACCT-Z (PRINCIPAL LIFE INSURANCE COMPANY) |
| PRIN CORE PLUS BOND SEP ACCT-Z (PRINCIPAL LIFE INSURANCE COMPANY) |
| PRIN LGCP S&P 500 INDEX SA-Z (PRINCIPAL LIFE INSURANCE COMPANY) |
| PRIN SMCAP S&P 600 INDEX SA-Z (PRINCIPAL LIFE INSURANCE COMPANY) |
| PRIN MIDCAP S&P 400 IDX SA-Z (PRINCIPAL LIFE INSURANCE COMPANY) |
| PRIN SMCAP GROWTH I SEP ACCT-Z (PRINCIPAL LIFE INSURANCE COMPANY) |
| PRIN LARGECAP GROWTH I SA-Z (PRINCIPAL LIFE INSURANCE COMPANY) |
| PRIN REAL ESTATE SECS SA-Z (PRINCIPAL LIFE INSURANCE COMPANY) |
| PRIN SMCAP VALUE II SEP ACCT-Z (PRINCIPAL LIFE INSURANCE COMPANY) |
| PRIN LIFETIME HYBR 2010 CIT Z (PRINCIPAL GLOBAL INVESTORS TRUST CO) |
| PRIN LIFETIME HYBR 2020 CIT Z (PRINCIPAL GLOBAL INVESTORS TRUST CO) |
MI-T-M CORPORATION 401(K) 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.
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.
At the end of 2022, the total retirement plan assets of MI-T-M CORPORATION 401(K) PLAN is $24,654,337.00.This plan was established in 1983.
At the end of 2022, the total number of retirement plan participants in MI-T-M CORPORATION 401(K) PLAN is 417
In 2022, the average participant retirement account value for MI-T-M CORPORATION 401(K) PLAN is $59,123.00
In 2022, the estimated average employee contribution amount per participant for MI-T-M CORPORATION 401(K) PLAN is $3,816.00
In 2022, the estimated average employer match for an employee in MI-T-M CORPORATION 401(K) PLAN is approximately $1,472.00
In 2022, MI-T-M CORPORATION 401(K) PLAN allocates $613,979.00 to match its employees' contributions, providing an employer match rate of 36.53% of their contributions
In 2022, the total retirement plan asset growth rate of MI-T-M CORPORATION 401(K) PLAN is -17.19%
In 2022, the estimated aggregate retirement account investment gain/loss for MI-T-M CORPORATION 401(K) PLAN is -18.25%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of MI-T-M CORPORATION 401(K) PLAN is 0.31%.
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