BC TECHNICAL, INC. 401(K) PLAN
Plan Contact
- Address: 7172 S AIRPORT RD,WEST JORDAN,UT
- Contact person: SUE FIEGEL
- Phone: (815) 245-9101
Plan General Information
BC TECHNICAL, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2019, the total number of retirement plan participants in BC TECHNICAL, INC. 401(K) PLAN is 251
BC TECHNICAL, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2019, the estimated average employee contribution amount per participant for BC TECHNICAL, INC. 401(K) PLAN is $8,190.00.
BC TECHNICAL, INC. 401(K) PLAN Estimated Average Employer Match
In 2019, the estimated average employer match for an employee in BC TECHNICAL, INC. 401(K) PLAN is approximately $1,320.00
Investing in this additonal $1,320.00 for 20 years would give you extra $84,539.00, assuming a 10% annual return.
Investing in this additonal $1,320.00 for 20 years would give you extra $84,539.00, assuming a 10% annual return.
BC TECHNICAL, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2019, BC TECHNICAL, INC. 401(K) PLAN allocates $331,555.00 to match its employees' contributions, providing an employer match rate of 32.26% of their contributions
Enrollment Features
BC TECHNICAL, 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.
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