ASSURANCE MFG CO. INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST
Overview
Plan Contact
- Address: 9010 EVERGREEN BLVD,MINNEAPOLIS,MN
- Contact person: JEFFREY SWENSON
- Phone: (763) 780-4252
Plan General Information
At the end of 2022, the total retirement plan assets of ASSURANCE MFG CO. INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is $42,351,685.This plan was established in 1993.
At the end of 2022, the total number of retirement plan participants in ASSURANCE MFG CO. INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is 162
In 2022, the average participant retirement account value for ASSURANCE MFG CO. INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is $261,430
In 2022, the estimated average employee contribution amount per participant for ASSURANCE MFG CO. INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is $8,421
In 2022, the estimated average employer match for an employee in ASSURANCE MFG CO. INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is approximately $13,580
In 2022, ASSURANCE MFG CO. INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST allocates $2,200,000 to match its employees’ contributions, providing an employer match rate of 183.33% of their contributions
In 2022, the total retirement plan asset growth rate of ASSURANCE MFG CO. INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is 12.88%
In 2022, the estimated aggregate retirement account investment gain/loss for ASSURANCE MFG CO. INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is 18.28%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ASSURANCE MFG CO. INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is 0.06%.