AAVID THERMALLOY, LLC SAVINGS INCENTIVE PLAN
Plan Contact
- Address: 1 AAVID CIRCLE,LACONIA,NH
- Contact person: ERIC STRUIK
- Phone: (603) 224-9988
Plan General Information
AAVID THERMALLOY, LLC SAVINGS INCENTIVE PLAN Total Number of Retirement Plan Participants
At the end of 2019, the total number of retirement plan participants in AAVID THERMALLOY, LLC SAVINGS INCENTIVE PLAN is 409
AAVID THERMALLOY, LLC SAVINGS INCENTIVE PLAN Estimated Average Employee Contribution Amount
In 2019, the estimated average employee contribution amount per participant for AAVID THERMALLOY, LLC SAVINGS INCENTIVE PLAN is $5,761.00.
AAVID THERMALLOY, LLC SAVINGS INCENTIVE PLAN Estimated Average Employer Match
In 2019, the estimated average employer match for an employee in AAVID THERMALLOY, LLC SAVINGS INCENTIVE PLAN is approximately $1,021.00
Investing in this additonal $1,021.00 for 20 years would give you extra $65,382.00, assuming a 10% annual return.
Investing in this additonal $1,021.00 for 20 years would give you extra $65,382.00, assuming a 10% annual return.
AAVID THERMALLOY, LLC SAVINGS INCENTIVE PLAN Total Employer Contribution and Match Rate
In 2019, AAVID THERMALLOY, LLC SAVINGS INCENTIVE PLAN allocates $417,838.00 to match its employees' contributions, providing an employer match rate of 35.46% of their contributions
Enrollment Features
AAVID THERMALLOY, LLC SAVINGS INCENTIVE 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.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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