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NICO PRODUCTS/ AVTEC FINISHING SYSTEM/ METCO METAL FINISHING 401K RETIREMENT PLAN

Plan Contact

  • Contact person: KEITH MEYER
  • Phone: (612) 822-2185

Plan General Information

NICO PRODUCTS/ AVTEC FINISHING SYSTEM/ METCO METAL FINISHING 401K RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2008, the total retirement plan assets of NICO PRODUCTS/ AVTEC FINISHING SYSTEM/ METCO METAL FINISHING 401K RETIREMENT PLAN is $3,626,722.00.This plan was established in 1988.

NICO PRODUCTS/ AVTEC FINISHING SYSTEM/ METCO METAL FINISHING 401K RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2008, the total number of retirement plan participants in NICO PRODUCTS/ AVTEC FINISHING SYSTEM/ METCO METAL FINISHING 401K RETIREMENT PLAN is 222

NICO PRODUCTS/ AVTEC FINISHING SYSTEM/ METCO METAL FINISHING 401K RETIREMENT PLAN Average Participant Retirement Account Value

In 2008, the average participant retirement account value for NICO PRODUCTS/ AVTEC FINISHING SYSTEM/ METCO METAL FINISHING 401K RETIREMENT PLAN is $16,336.00

NICO PRODUCTS/ AVTEC FINISHING SYSTEM/ METCO METAL FINISHING 401K RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2008, the estimated average employee contribution amount per participant for NICO PRODUCTS/ AVTEC FINISHING SYSTEM/ METCO METAL FINISHING 401K RETIREMENT PLAN is $3,018.00.

NICO PRODUCTS/ AVTEC FINISHING SYSTEM/ METCO METAL FINISHING 401K RETIREMENT PLAN Estimated Average Employer Match

In 2008, the estimated average employer match for an employee in NICO PRODUCTS/ AVTEC FINISHING SYSTEM/ METCO METAL FINISHING 401K RETIREMENT PLAN is approximately $296.00
Investing in this additonal $296.00 for 20 years would give you extra $18,988.00, assuming a 10% annual return.

NICO PRODUCTS/ AVTEC FINISHING SYSTEM/ METCO METAL FINISHING 401K RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2008, NICO PRODUCTS/ AVTEC FINISHING SYSTEM/ METCO METAL FINISHING 401K RETIREMENT PLAN allocates $65,867.00 to match its employees' contributions, providing an employer match rate of 19.66% of their contributions

NICO PRODUCTS/ AVTEC FINISHING SYSTEM/ METCO METAL FINISHING 401K RETIREMENT PLAN Expense Ratio

In 2008, the investment and administrative expense ratio of NICO PRODUCTS/ AVTEC FINISHING SYSTEM/ METCO METAL FINISHING 401K RETIREMENT PLAN is 0.04%.

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