MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM
Plan Contact
- Address: 402 WEST LAKE STREET,,FRIENDSHIP,WI
- Contact person: STEVE CRAGER
- Phone: (608) 339-8389
Plan General Information
MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM is $9,148,526.00.This plan was established in 1996.
MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM is 211
MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM Average Participant Retirement Account Value
In 2023, the average participant retirement account value for MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM is $43,357.00
MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM is $2,575.00.
MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM is approximately $878.00
Investing in this additonal $878.00 for 20 years would give you extra $56,225.00, assuming a 10% annual return.
Investing in this additonal $878.00 for 20 years would give you extra $56,225.00, assuming a 10% annual return.
MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM Total Employer Contribution and Match Rate
In 2023, MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM allocates $185,369.00 to match its employees' contributions, providing an employer match rate of 34.28% of their contributions
MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM is 20.51%.
MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM is 13.88%. This measures the effectiveness of the plan participants' investments in the year.
MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM Expense Ratio
In 2023, the investment and administrative expense ratio of MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM is 0.45%.
Enrollment Features
MMHC EMPLOYEE RETIREMENT SAVINGS PROGRAM 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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