MT BUSINESS TECHNOLOGIES, INC. 401(K) RETIREMENT PLAN
Plan Contact
- Address: 1150 NATIONAL PARKWAY,MANSFIELD,OH
- Contact person: MARK SNYDER
- Phone: (419) 529-6100
Plan General Information
MT BUSINESS TECHNOLOGIES, INC. 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2017, the total number of retirement plan participants in MT BUSINESS TECHNOLOGIES, INC. 401(K) RETIREMENT PLAN is 301
MT BUSINESS TECHNOLOGIES, INC. 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2017, the estimated average employee contribution amount per participant for MT BUSINESS TECHNOLOGIES, INC. 401(K) RETIREMENT PLAN is $3,924.00.
MT BUSINESS TECHNOLOGIES, INC. 401(K) RETIREMENT PLAN Estimated Average Employer Match
In 2017, the estimated average employer match for an employee in MT BUSINESS TECHNOLOGIES, INC. 401(K) RETIREMENT PLAN is approximately $294.00
Investing in this additonal $294.00 for 20 years would give you extra $18,818.00, assuming a 10% annual return.
Investing in this additonal $294.00 for 20 years would give you extra $18,818.00, assuming a 10% annual return.
MT BUSINESS TECHNOLOGIES, INC. 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2017, MT BUSINESS TECHNOLOGIES, INC. 401(K) RETIREMENT PLAN allocates $88,508.00 to match its employees' contributions, providing an employer match rate of 14.99% of their contributions
Enrollment Features
MT BUSINESS TECHNOLOGIES, INC. 401(K) RETIREMENT 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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