SCHMITT MCDONALD'S 401(K) PLAN & TRUST
Plan Contact
- Address: 1975 W. DOWNER PLACE,,AURORA,IL
- Contact person: EDWARD SCHMITT, JR.
- Phone: (630) 892-4552
Plan General Information
SCHMITT MCDONALD'S 401(K) PLAN & TRUST Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of SCHMITT MCDONALD'S 401(K) PLAN & TRUST is $11,269,592.00.This plan was established in 1999.
SCHMITT MCDONALD'S 401(K) PLAN & TRUST Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in SCHMITT MCDONALD'S 401(K) PLAN & TRUST is 511
SCHMITT MCDONALD'S 401(K) PLAN & TRUST Average Participant Retirement Account Value
In 2023, the average participant retirement account value for SCHMITT MCDONALD'S 401(K) PLAN & TRUST is $22,053.00
SCHMITT MCDONALD'S 401(K) PLAN & TRUST Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for SCHMITT MCDONALD'S 401(K) PLAN & TRUST is $1,123.00.
SCHMITT MCDONALD'S 401(K) PLAN & TRUST Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in SCHMITT MCDONALD'S 401(K) PLAN & TRUST is approximately $348.00
Investing in this additonal $348.00 for 20 years would give you extra $22,329.00, assuming a 10% annual return.
Investing in this additonal $348.00 for 20 years would give you extra $22,329.00, assuming a 10% annual return.
SCHMITT MCDONALD'S 401(K) PLAN & TRUST Total Employer Contribution and Match Rate
In 2023, SCHMITT MCDONALD'S 401(K) PLAN & TRUST allocates $178,288.00 to match its employees' contributions, providing an employer match rate of 62.09% of their contributions
SCHMITT MCDONALD'S 401(K) PLAN & TRUST Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of SCHMITT MCDONALD'S 401(K) PLAN & TRUST is 22.37%.
SCHMITT MCDONALD'S 401(K) PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for SCHMITT MCDONALD'S 401(K) PLAN & TRUST is 30.60%. This measures the effectiveness of the plan participants' investments in the year.
SCHMITT MCDONALD'S 401(K) PLAN & TRUST Expense Ratio
In 2023, the investment and administrative expense ratio of SCHMITT MCDONALD'S 401(K) PLAN & TRUST is 0.65%.
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