BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN

Plan Contact

  • Address: 480 PLEASANT STREET,LEE,MA
  • Contact person: DAWN MILESI
  • Phone: (413) 243-0330

Plan General Information

BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN is $5,157,974.00.This plan was established in 2018.

BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN is 266

BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN is $19,390.00

BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN is $4,333.00.

BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN is approximately $1,762.00
Investing in this additonal $1,762.00 for 20 years would give you extra $112,820.00, assuming a 10% annual return.

BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN allocates $468,912.00 to match its employees' contributions, providing an employer match rate of 47.14% of their contributions

BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN is 55.17%.

BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN is 15.46%. This measures the effectiveness of the plan participants' investments in the year.

BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT PLAN is 0.09%.

Enrollment Features

BERKSHIRE STERILE MANUFACTURING 401K RETIREMENT 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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