QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN
Plan Contact
- Address: 2222 S. THIRD STREET,COLUMBUS,OH
- Contact person: CHERIE DRINKWATER
- Phone: (614) 228-0185
Plan General Information
QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN Total Retirement Plan Assets
At the end of 2017, the total retirement plan assets of QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN is $3,320,950.00.This plan was established in 1993.
QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN Total Number of Retirement Plan Participants
At the end of 2017, the total number of retirement plan participants in QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN is 159
QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN Average Participant Retirement Account Value
In 2017, the average participant retirement account value for QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN is $20,886.00
QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN Estimated Average Employee Contribution Amount
In 2017, the estimated average employee contribution amount per participant for QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN is $4,085.00.
QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN Estimated Average Employer Match
In 2017, the estimated average employer match for an employee in QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN is approximately $1,114.00
Investing in this additonal $1,114.00 for 20 years would give you extra $71,341.00, assuming a 10% annual return.
Investing in this additonal $1,114.00 for 20 years would give you extra $71,341.00, assuming a 10% annual return.
QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN Total Employer Contribution and Match Rate
In 2017, QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN allocates $177,238.00 to match its employees' contributions, providing an employer match rate of 54.57% of their contributions
QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN Total Retirement Plan Asset Growth Rate
In 2017, the total retirement plan asset growth rate of QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN is -46.64%.
QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2017, the estimated aggregate retirement account investment gain/loss for QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN is -44.76%. This measures the effectiveness of the plan participants' investments in the year.
QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN Expense Ratio
In 2017, the investment and administrative expense ratio of QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION PLAN is 0.72%.
Enrollment Features
QUALITY PRODUCTS, INC. 401(K) SAVINGS AND PROTECTION 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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