SKYWAY PRECISION INC. 401(K) PLAN
- Address: 41225 PLYMOUTH ROAD,PLYMOUTH,MI
- Contact person: ANGELA NAYLOR
- Phone: (734) 454-3550
SKYWAY PRECISION 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 SKYWAY PRECISION INC. 401(K) PLAN is $7,435,380.00.This plan was established in 1996.
At the end of 2022, the total number of retirement plan participants in SKYWAY PRECISION INC. 401(K) PLAN is 188
In 2022, the average participant retirement account value for SKYWAY PRECISION INC. 401(K) PLAN is $39,549.00
In 2022, the estimated average employee contribution amount per participant for SKYWAY PRECISION INC. 401(K) PLAN is $2,840.00
In 2022, the estimated average employer match for an employee in SKYWAY PRECISION INC. 401(K) PLAN is approximately $779.00
In 2022, SKYWAY PRECISION INC. 401(K) PLAN allocates $146,509.00 to match its employees' contributions, providing an employer match rate of 25.72% of their contributions
In 2022, the total retirement plan asset growth rate of SKYWAY PRECISION INC. 401(K) PLAN is -11.42%
In 2022, the estimated aggregate retirement account investment gain/loss for SKYWAY PRECISION INC. 401(K) PLAN is -16.33%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of SKYWAY PRECISION INC. 401(K) PLAN is 0.39%.
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