VAN WYK/LINK MANUFACTURING/MAINTAINER CORPORATION 401(K) PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: P.O. BOX 389,SHELDON,IA
  • Contact person: DARLA ARENDS
  • Phone: (712) 324-4687

Plan General Information


At the end of 2022, the total retirement plan assets of VAN WYK/LINK MANUFACTURING/MAINTAINER CORPORATION 401(K) PROFIT SHARING PLAN is $20,702,534.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in VAN WYK/LINK MANUFACTURING/MAINTAINER CORPORATION 401(K) PROFIT SHARING PLAN is 661

In 2022, the average participant retirement account value for VAN WYK/LINK MANUFACTURING/MAINTAINER CORPORATION 401(K) PROFIT SHARING PLAN is $31,320

In 2022, the estimated average employee contribution amount per participant for VAN WYK/LINK MANUFACTURING/MAINTAINER CORPORATION 401(K) PROFIT SHARING PLAN is $2,093

In 2022, the estimated average employer match for an employee in VAN WYK/LINK MANUFACTURING/MAINTAINER CORPORATION 401(K) PROFIT SHARING PLAN is approximately $946

In 2022, VAN WYK/LINK MANUFACTURING/MAINTAINER CORPORATION 401(K) PROFIT SHARING PLAN allocates $625,510 to match its employees’ contributions, providing an employer match rate of 46.50% of their contributions

In 2022, the total retirement plan asset growth rate of VAN WYK/LINK MANUFACTURING/MAINTAINER CORPORATION 401(K) PROFIT SHARING PLAN is -16.76%

In 2022, the estimated aggregate retirement account investment gain/loss for VAN WYK/LINK MANUFACTURING/MAINTAINER CORPORATION 401(K) PROFIT SHARING PLAN is -15.34%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of VAN WYK/LINK MANUFACTURING/MAINTAINER CORPORATION 401(K) PROFIT SHARING PLAN is 0.31%.

Enrollment Features

VAN WYK/LINK MANUFACTURING/MAINTAINER CORPORATION 401(K) PROFIT SHARING 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.