PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN

Plan Contact

  • Address: 15255 W 11 MILE RD,OAK PARK,MI
  • Phone: (248) 543-2100

Plan General Information

PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2016, the total retirement plan assets of PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN is $914,907.00.This plan was established in 1999.

PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2016, the total number of retirement plan participants in PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN is 161

PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2016, the average participant retirement account value for PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN is $5,682.00

PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2016, the estimated average employee contribution amount per participant for PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN is $1,432.00.

PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN Estimated Average Employer Match

In 2016, the estimated average employer match for an employee in PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN is approximately $175.00
Investing in this additonal $175.00 for 20 years would give you extra $11,219.00, assuming a 10% annual return.

PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2016, PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN allocates $28,225.00 to match its employees' contributions, providing an employer match rate of 24.48% of their contributions

PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2016, the total retirement plan asset growth rate of PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN is 0.92%.

PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2016, the estimated aggregate retirement account investment gain/loss for PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN is 7.17%. This measures the effectiveness of the plan participants' investments in the year.

PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN Expense Ratio

In 2016, the investment and administrative expense ratio of PARAMOUNT PRECISION PRODUCTS, INC. 401(K) PLAN is 0.46%.

Enrollment Features

PARAMOUNT PRECISION PRODUCTS, INC. 401(K) 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.

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