MANDERS DECORATING COMPANY INC 401K PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 12280 WILKINS AVENUE – SUITE 201,ROCKVILLE,MD
  • Phone: (301) 589-7600

Plan General Information


At the end of 2022, the total retirement plan assets of MANDERS DECORATING COMPANY INC 401K PROFIT SHARING PLAN is $8,586,951.This plan was established in 1982.

At the end of 2022, the total number of retirement plan participants in MANDERS DECORATING COMPANY INC 401K PROFIT SHARING PLAN is 173

In 2022, the average participant retirement account value for MANDERS DECORATING COMPANY INC 401K PROFIT SHARING PLAN is $49,635

In 2022, the estimated average employee contribution amount per participant for MANDERS DECORATING COMPANY INC 401K PROFIT SHARING PLAN is $1,977

In 2022, the estimated average employer match for an employee in MANDERS DECORATING COMPANY INC 401K PROFIT SHARING PLAN is approximately $1,235

In 2022, MANDERS DECORATING COMPANY INC 401K PROFIT SHARING PLAN allocates $213,815 to match its employees’ contributions, providing an employer match rate of 60.75% of their contributions

In 2022, the total retirement plan asset growth rate of MANDERS DECORATING COMPANY INC 401K PROFIT SHARING PLAN is -15.47%

In 2022, the estimated aggregate retirement account investment gain/loss for MANDERS DECORATING COMPANY INC 401K PROFIT SHARING PLAN is -17.02%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MANDERS DECORATING COMPANY INC 401K PROFIT SHARING PLAN is 0.70%.

Enrollment Features

MANDERS DECORATING COMPANY INC 401K PROFIT SHARING PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.