ROWE ENGINEERING, INC. 401(K) PLAN

  • Address: 540 SOUTH SAGINAW STREET SUITE 200,FLINT,MI
  • Contact person: SHELLEY HENRY
  • Phone: (810) 341-7500

ROWE ENGINEERING, 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.

At the end of 2022, the total retirement plan assets of ROWE ENGINEERING, INC. 401(K) PLAN is $22,561,502.00.This plan was established in 1969.

At the end of 2022, the total number of retirement plan participants in ROWE ENGINEERING, INC. 401(K) PLAN is 252

In 2022, the average participant retirement account value for ROWE ENGINEERING, INC. 401(K) PLAN is $89,529.00

In 2022, the estimated average employee contribution amount per participant for ROWE ENGINEERING, INC. 401(K) PLAN is $6,435.00

In 2022, the estimated average employer match for an employee in ROWE ENGINEERING, INC. 401(K) PLAN is approximately $2,347.00

In 2022, ROWE ENGINEERING, INC. 401(K) PLAN allocates $591,493.00 to match its employees' contributions, providing an employer match rate of 38.22% of their contributions

In 2022, the total retirement plan asset growth rate of ROWE ENGINEERING, INC. 401(K) PLAN is -17.82%

In 2022, the estimated aggregate retirement account investment gain/loss for ROWE ENGINEERING, INC. 401(K) PLAN is -19.19%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of ROWE ENGINEERING, INC. 401(K) PLAN is 0.25%.

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