MARVIN ENGINEERING CO. , INC. 401(K) PLAN

At the end of 2021, the total retirement plan assets of MARVIN ENGINEERING CO. , INC. 401(K) PLAN is $40,359,961.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in MARVIN ENGINEERING CO. , INC. 401(K) PLAN is 1201

In 2021, the average participant retirement account value for MARVIN ENGINEERING CO. , INC. 401(K) PLAN is $33,605

In 2021, the estimated average employee contribution amount per participant for MARVIN ENGINEERING CO. , INC. 401(K) PLAN is $2,788

In 2021, the estimated average employer match for an employee in MARVIN ENGINEERING CO. , INC. 401(K) PLAN is approximately $492

In 2021, MARVIN ENGINEERING CO. , INC. 401(K) PLAN allocates $591,495 to match its employees’ contributions, providing an employer match rate of 17.66% of their contributions

In 2021, the total retirement plan asset growth rate of MARVIN ENGINEERING CO. , INC. 401(K) PLAN is 10.71%

In 2021, the estimated aggregate retirement account investment gain/loss for MARVIN ENGINEERING CO. , INC. 401(K) PLAN is 7.10%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of MARVIN ENGINEERING CO. , INC. 401(K) PLAN is 0.16%.

Enrollment Features

MARVIN ENGINEERING CO. , INC. 401(K) 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.