KALITTA COMPANIES 401(K) SAVINGS PLAN
Overview
Plan Contact
- Address: 818 WILLOW RUN AIRPORT,YPSILANTI,MI
- Contact person: GREG STRZYNSKI
- Phone: (734) 484-0088
Plan General Information
At the end of 2022, the total retirement plan assets of KALITTA COMPANIES 401(K) SAVINGS PLAN is $197,259,584.This plan was established in 2011.
At the end of 2022, the total number of retirement plan participants in KALITTA COMPANIES 401(K) SAVINGS PLAN is 3110
In 2022, the average participant retirement account value for KALITTA COMPANIES 401(K) SAVINGS PLAN is $63,427
In 2022, the estimated average employee contribution amount per participant for KALITTA COMPANIES 401(K) SAVINGS PLAN is $8,241
In 2022, the estimated average employer match for an employee in KALITTA COMPANIES 401(K) SAVINGS PLAN is approximately $4,651
In 2022, KALITTA COMPANIES 401(K) SAVINGS PLAN allocates $14,466,062 to match its employees’ contributions, providing an employer match rate of 59.02% of their contributions
In 2022, the total retirement plan asset growth rate of KALITTA COMPANIES 401(K) SAVINGS PLAN is -9.85%
In 2022, the estimated aggregate retirement account investment gain/loss for KALITTA COMPANIES 401(K) SAVINGS PLAN is -18.33%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of KALITTA COMPANIES 401(K) SAVINGS PLAN is 0.02%.
Enrollment Features
KALITTA COMPANIES 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.