THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN
- Address: 22355 WEST ELEVEN MILE ROAD,SOUTHFIELD,MI
- Contact person: KATHRYN LITTLETON
- Phone: (248) 233-5676
THYSSENKRUPP MATERIALS NA, 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.
At the end of 2022, the total retirement plan assets of THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN is $283,557,209.00.This plan was established in 1994.
At the end of 2022, the total number of retirement plan participants in THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN is 5412
In 2022, the average participant retirement account value for THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN is $52,394.00
In 2022, the estimated average employee contribution amount per participant for THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN is $3,878.00
In 2022, the estimated average employer match for an employee in THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN is approximately $1,259.00
In 2022, THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN allocates $6,818,556.00 to match its employees' contributions, providing an employer match rate of 32.66% of their contributions
In 2022, the total retirement plan asset growth rate of THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN is -14.09%
In 2022, the estimated aggregate retirement account investment gain/loss for THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN is -15.59%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of THYSSENKRUPP MATERIALS NA, INC. 401(K)PLAN is 0.13%.
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