UTICA SERVICES, LLC 401(K) PLAN
Overview
Plan Contact
- Address: 44225 UTICA ROAD,UTICA,MI
- Phone: (586) 726-5622
Plan General Information
At the end of 2022, the total retirement plan assets of UTICA SERVICES, LLC 401(K) PLAN is $11,259,839.This plan was established in 2016.
At the end of 2022, the total number of retirement plan participants in UTICA SERVICES, LLC 401(K) PLAN is 295
In 2022, the average participant retirement account value for UTICA SERVICES, LLC 401(K) PLAN is $38,168
In 2022, the estimated average employee contribution amount per participant for UTICA SERVICES, LLC 401(K) PLAN is $2,502
In 2022, the estimated average employer match for an employee in UTICA SERVICES, LLC 401(K) PLAN is approximately $854
In 2022, UTICA SERVICES, LLC 401(K) PLAN allocates $251,980 to match its employees’ contributions, providing an employer match rate of 34.48% of their contributions
In 2022, the total retirement plan asset growth rate of UTICA SERVICES, LLC 401(K) PLAN is -17.80%
In 2022, the estimated aggregate retirement account investment gain/loss for UTICA SERVICES, LLC 401(K) PLAN is -14.80%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of UTICA SERVICES, LLC 401(K) PLAN is 0.13%.
Enrollment Features
UTICA SERVICES, LLC 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.