TNEMEC COMPANY, INC. 401(K) SAVINGS PLAN

  • Address: 123 W 23RD AVENUE,NORTH KANSAS CITY,MO
  • Phone: (816) 326-4217

TNEMEC COMPANY, INC. 401(K) SAVINGS PLAN has the following features:
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.

At the end of 2022, the total retirement plan assets of TNEMEC COMPANY, INC. 401(K) SAVINGS PLAN is $33,709,347.00.This plan was established in 1989.

At the end of 2022, the total number of retirement plan participants in TNEMEC COMPANY, INC. 401(K) SAVINGS PLAN is 373

In 2022, the average participant retirement account value for TNEMEC COMPANY, INC. 401(K) SAVINGS PLAN is $90,373.00

In 2022, the estimated average employee contribution amount per participant for TNEMEC COMPANY, INC. 401(K) SAVINGS PLAN is $4,179.00

In 2022, the estimated average employer match for an employee in TNEMEC COMPANY, INC. 401(K) SAVINGS PLAN is approximately $1,300.00

In 2022, TNEMEC COMPANY, INC. 401(K) SAVINGS PLAN allocates $485,087.00 to match its employees' contributions, providing an employer match rate of 31.75% of their contributions

In 2022, the total retirement plan asset growth rate of TNEMEC COMPANY, INC. 401(K) SAVINGS PLAN is -22.43%

In 2022, the estimated aggregate retirement account investment gain/loss for TNEMEC COMPANY, INC. 401(K) SAVINGS PLAN is -15.02%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of TNEMEC COMPANY, INC. 401(K) SAVINGS PLAN is 0.02%.

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