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.