VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST

Plan Contact

  • Address: 8615 USHER ROAD,CLEVELAND,OH
  • Contact person: DENNIS ARMSTRONG
  • Phone: (440) 782-2360

Plan General Information

VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST Total Retirement Plan Assets

At the end of 2014, the total retirement plan assets of VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST is $31,256,145.00.This plan was established in 1981.

VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST Total Number of Retirement Plan Participants

At the end of 2014, the total number of retirement plan participants in VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST is 1048

VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST Average Participant Retirement Account Value

In 2014, the average participant retirement account value for VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST is $29,824.00

VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST Estimated Average Employee Contribution Amount

In 2014, the estimated average employee contribution amount per participant for VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST is $7,349.00.

VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST Estimated Average Employer Match

In 2014, the estimated average employer match for an employee in VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST is approximately $1,453.00
Investing in this additonal $1,453.00 for 20 years would give you extra $93,038.00, assuming a 10% annual return.

VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST Total Employer Contribution and Match Rate

In 2014, VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST allocates $1,523,503.00 to match its employees' contributions, providing an employer match rate of 39.56% of their contributions

VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST Total Retirement Plan Asset Growth Rate

In 2014, the total retirement plan asset growth rate of VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST is 24.39%.

VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2014, the estimated aggregate retirement account investment gain/loss for VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST is 7.06%. This measures the effectiveness of the plan participants' investments in the year.

VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST Expense Ratio

In 2014, the investment and administrative expense ratio of VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST is 0.53%.

Enrollment Features

VITA-MIX CORPORATION 401(K) EMPLOYEES SAVINGS PLAN AND TRUST 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.


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