MOTIS BRANDS, INC. 401(K) PLAN

  • Address: N102 W19400 WILLOW CREEK WAY,GERMANTOWN,WI
  • Contact person: KURT KAPPELER
  • Phone: (262) 353-7934

MOTIS BRANDS, INC. 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.

At the end of 2022, the total retirement plan assets of MOTIS BRANDS, INC. 401(K) PLAN is $3,647,217.00.This plan was established in 2020.

At the end of 2022, the total number of retirement plan participants in MOTIS BRANDS, INC. 401(K) PLAN is 234

In 2022, the average participant retirement account value for MOTIS BRANDS, INC. 401(K) PLAN is $15,586.00

In 2022, the estimated average employee contribution amount per participant for MOTIS BRANDS, INC. 401(K) PLAN is $4,039.00

In 2022, the estimated average employer match for an employee in MOTIS BRANDS, INC. 401(K) PLAN is approximately $1,829.00

In 2022, MOTIS BRANDS, INC. 401(K) PLAN allocates $428,175.00 to match its employees' contributions, providing an employer match rate of 52.86% of their contributions

In 2022, the total retirement plan asset growth rate of MOTIS BRANDS, INC. 401(K) PLAN is 29.71%

In 2022, the estimated aggregate retirement account investment gain/loss for MOTIS BRANDS, INC. 401(K) PLAN is -14.89%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of MOTIS BRANDS, INC. 401(K) PLAN is 0.47%.

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