MARCAL MANUFACTURING, LLC UNION 401(K) PLAN AND TRUST

At the end of 2021, the total retirement plan assets of MARCAL MANUFACTURING, LLC UNION 401(K) PLAN AND TRUST is $12,414,088.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in MARCAL MANUFACTURING, LLC UNION 401(K) PLAN AND TRUST is 254

In 2021, the average participant retirement account value for MARCAL MANUFACTURING, LLC UNION 401(K) PLAN AND TRUST is $48,874

In 2021, the estimated average employee contribution amount per participant for MARCAL MANUFACTURING, LLC UNION 401(K) PLAN AND TRUST is $1,672

In 2021, the estimated average employer match for an employee in MARCAL MANUFACTURING, LLC UNION 401(K) PLAN AND TRUST is approximately $333

In 2021, MARCAL MANUFACTURING, LLC UNION 401(K) PLAN AND TRUST allocates $84,798 to match its employees’ contributions, providing an employer match rate of 19.96% of their contributions

In 2021, the total retirement plan asset growth rate of MARCAL MANUFACTURING, LLC UNION 401(K) PLAN AND TRUST is 7.12%

In 2021, the estimated aggregate retirement account investment gain/loss for MARCAL MANUFACTURING, LLC UNION 401(K) PLAN AND TRUST is 11.54%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of MARCAL MANUFACTURING, LLC UNION 401(K) PLAN AND TRUST is 0.39%.

Enrollment Features

MARCAL MANUFACTURING, LLC UNION 401(K) PLAN AND TRUST 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.