OWEN-AMES-KIMBALL CO. RETIREMENT PLAN
Plan Contact
- Address: 300 IONIA AVE NW,GRAND RAPIDS,MI
- Contact person: TODD STEFFEN
- Phone: (616) 456-1521
Plan General Information
OWEN-AMES-KIMBALL CO. RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of OWEN-AMES-KIMBALL CO. RETIREMENT PLAN is $34,784,219.00.This plan was established in 1961.
OWEN-AMES-KIMBALL CO. RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in OWEN-AMES-KIMBALL CO. RETIREMENT PLAN is 250
OWEN-AMES-KIMBALL CO. RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for OWEN-AMES-KIMBALL CO. RETIREMENT PLAN is $139,136.00
OWEN-AMES-KIMBALL CO. RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for OWEN-AMES-KIMBALL CO. RETIREMENT PLAN is $4,936.00.
OWEN-AMES-KIMBALL CO. RETIREMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in OWEN-AMES-KIMBALL CO. RETIREMENT PLAN is approximately $7,124.00
Investing in this additonal $7,124.00 for 20 years would give you extra $455,966.00, assuming a 10% annual return.
Investing in this additonal $7,124.00 for 20 years would give you extra $455,966.00, assuming a 10% annual return.
OWEN-AMES-KIMBALL CO. RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2023, OWEN-AMES-KIMBALL CO. RETIREMENT PLAN allocates $1,781,120.00 to match its employees' contributions, providing an employer match rate of 157.57% of their contributions
OWEN-AMES-KIMBALL CO. RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of OWEN-AMES-KIMBALL CO. RETIREMENT PLAN is 14.89%.
OWEN-AMES-KIMBALL CO. RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for OWEN-AMES-KIMBALL CO. RETIREMENT PLAN is 16.38%. This measures the effectiveness of the plan participants' investments in the year.
OWEN-AMES-KIMBALL CO. RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of OWEN-AMES-KIMBALL CO. RETIREMENT PLAN is 0.13%.
Enrollment Features
OWEN-AMES-KIMBALL CO. RETIREMENT PLAN has the following features: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.
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