TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN

Plan Contact

  • Address: 450 WALL ST,TIFFIN,OH
  • Contact person: RONALD J WISNIEWSKI
  • Phone: (419) 447-8414

Plan General Information

TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN is $1,059,150.00.This plan was established in 1991.

TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN is 131

TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN is $8,085.00

TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN is $1,753.00.

TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN is approximately $496.00
Investing in this additonal $496.00 for 20 years would give you extra $31,792.00, assuming a 10% annual return.

TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN allocates $65,075.00 to match its employees' contributions, providing an employer match rate of 56.66% of their contributions

TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN is -20.57%.

TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN is 17.05%. This measures the effectiveness of the plan participants' investments in the year.

TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN is 0.38%.

Enrollment Features

TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS 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.


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