MAT HOLDINGS, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 6700 WILDLIFE WAY,LONG GROVE,IL
  • Contact person: JONI NINEDORF
  • Phone: (847) 821-9630

Plan General Information


At the end of 2022, the total retirement plan assets of MAT HOLDINGS, INC. 401(K) PLAN is $48,038,267.This plan was established in 1995.

At the end of 2022, the total number of retirement plan participants in MAT HOLDINGS, INC. 401(K) PLAN is 1151

In 2022, the average participant retirement account value for MAT HOLDINGS, INC. 401(K) PLAN is $41,736

In 2022, the estimated average employee contribution amount per participant for MAT HOLDINGS, INC. 401(K) PLAN is $3,061

In 2022, the estimated average employer match for an employee in MAT HOLDINGS, INC. 401(K) PLAN is approximately $1,254

In 2022, MAT HOLDINGS, INC. 401(K) PLAN allocates $1,443,792 to match its employees’ contributions, providing an employer match rate of 42.45% of their contributions

In 2022, the total retirement plan asset growth rate of MAT HOLDINGS, INC. 401(K) PLAN is -12.85%

In 2022, the estimated aggregate retirement account investment gain/loss for MAT HOLDINGS, INC. 401(K) PLAN is -15.64%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MAT HOLDINGS, INC. 401(K) PLAN is 0.14%.

Enrollment Features

MAT HOLDINGS, 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.