BCI SOLUTIONS, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 500 N. BALTIMORE STREET,,BREMEN,IN
  • Contact person: LISA BROWN
  • Phone: (574) 546-2411

Plan General Information


At the end of 2022, the total retirement plan assets of BCI SOLUTIONS, INC. 401(K) PLAN is $5,724,814.This plan was established in 1967.

At the end of 2022, the total number of retirement plan participants in BCI SOLUTIONS, INC. 401(K) PLAN is 290

In 2022, the average participant retirement account value for BCI SOLUTIONS, INC. 401(K) PLAN is $19,740

In 2022, the estimated average employee contribution amount per participant for BCI SOLUTIONS, INC. 401(K) PLAN is $1,739

In 2022, the estimated average employer match for an employee in BCI SOLUTIONS, INC. 401(K) PLAN is approximately $823

In 2022, BCI SOLUTIONS, INC. 401(K) PLAN allocates $238,829 to match its employees’ contributions, providing an employer match rate of 46.94% of their contributions

In 2022, the total retirement plan asset growth rate of BCI SOLUTIONS, INC. 401(K) PLAN is -32.13%

In 2022, the estimated aggregate retirement account investment gain/loss for BCI SOLUTIONS, INC. 401(K) PLAN is -14.78%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BCI SOLUTIONS, INC. 401(K) PLAN is 0.76%.

Enrollment Features

BCI SOLUTIONS, INC. 401(K) PLAN 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.
    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.