MATTCO FORGE, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of MATTCO FORGE, INC. 401(K) PLAN is $6,633,094.This plan was established in 2000.

At the end of 2022, the total number of retirement plan participants in MATTCO FORGE, INC. 401(K) PLAN is 107

In 2022, the average participant retirement account value for MATTCO FORGE, INC. 401(K) PLAN is $61,991

In 2022, the estimated average employee contribution amount per participant for MATTCO FORGE, INC. 401(K) PLAN is $5,520

In 2022, the estimated average employer match for an employee in MATTCO FORGE, INC. 401(K) PLAN is approximately $2,494

In 2022, MATTCO FORGE, INC. 401(K) PLAN allocates $266,929 to match its employees’ contributions, providing an employer match rate of 39.31% of their contributions

In 2022, the total retirement plan asset growth rate of MATTCO FORGE, INC. 401(K) PLAN is -14.79%

In 2022, the estimated aggregate retirement account investment gain/loss for MATTCO FORGE, INC. 401(K) PLAN is -13.89%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MATTCO FORGE, INC. 401(K) PLAN is 0.73%.

Enrollment Features

MATTCO FORGE, INC. 401(K) PLAN 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.