SALINE LECTRONICS, INC. 401(K) PLAN

Plan Contact

  • Address: 710 N. MAPLE ROAD,SALINE,MI
  • Contact person: MARIO SCIBERRAS
  • Phone: (734) 944-2120

Plan General Information

SALINE LECTRONICS, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2016, the total retirement plan assets of SALINE LECTRONICS, INC. 401(K) PLAN is $2,117,079.00.This plan was established in 2004.

SALINE LECTRONICS, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2016, the total number of retirement plan participants in SALINE LECTRONICS, INC. 401(K) PLAN is 235

SALINE LECTRONICS, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2016, the average participant retirement account value for SALINE LECTRONICS, INC. 401(K) PLAN is $9,008.00

SALINE LECTRONICS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2016, the estimated average employee contribution amount per participant for SALINE LECTRONICS, INC. 401(K) PLAN is $2,277.00.

SALINE LECTRONICS, INC. 401(K) PLAN Estimated Average Employer Match

In 2016, the estimated average employer match for an employee in SALINE LECTRONICS, INC. 401(K) PLAN is approximately $413.00
Investing in this additonal $413.00 for 20 years would give you extra $26,471.00, assuming a 10% annual return.

SALINE LECTRONICS, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2016, SALINE LECTRONICS, INC. 401(K) PLAN allocates $97,200.00 to match its employees' contributions, providing an employer match rate of 36.32% of their contributions

SALINE LECTRONICS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2016, the total retirement plan asset growth rate of SALINE LECTRONICS, INC. 401(K) PLAN is 19.69%.

SALINE LECTRONICS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2016, the estimated aggregate retirement account investment gain/loss for SALINE LECTRONICS, INC. 401(K) PLAN is 6.33%. This measures the effectiveness of the plan participants' investments in the year.

SALINE LECTRONICS, INC. 401(K) PLAN Expense Ratio

In 2016, the investment and administrative expense ratio of SALINE LECTRONICS, INC. 401(K) PLAN is 0.00%.

Enrollment Features

SALINE LECTRONICS, INC. 401(K) 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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