WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I
Plan Contact
- Address: 9341 COURTLAND DRIVE,ROCKFORD,MI
- Phone: (616) 866-5500
Plan General Information
WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I is $201,963,261.00.This plan was established in 1987.
WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I is 1865
WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I Average Participant Retirement Account Value
In 2023, the average participant retirement account value for WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I is $108,291.00
WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I is $5,695.00.
WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I is approximately $2,541.00
Investing in this additonal $2,541.00 for 20 years would give you extra $162,641.00, assuming a 10% annual return.
Investing in this additonal $2,541.00 for 20 years would give you extra $162,641.00, assuming a 10% annual return.
WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I Total Employer Contribution and Match Rate
In 2023, WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I allocates $4,739,481.00 to match its employees' contributions, providing an employer match rate of 43.92% of their contributions
WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I is 9.81%.
WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I is 15.82%. This measures the effectiveness of the plan participants' investments in the year.
WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I Expense Ratio
In 2023, the investment and administrative expense ratio of WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I is 0.30%.
Enrollment Features
WOLVERINE WORLD WIDE, INC. 401(K) RETIREMENT SAVINGS PLAN I 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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