BLACKSMITH APPLICATIONS, INC. 401(K) PLAN
Plan Contact
- Address: ONE UNION STREET, SUITE 500,LAWRENCE,MA
- Contact person: SUSAN COLLINS
- Phone: (603) 560-0543
Plan General Information
BLACKSMITH APPLICATIONS, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in BLACKSMITH APPLICATIONS, INC. 401(K) PLAN is 186
BLACKSMITH APPLICATIONS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for BLACKSMITH APPLICATIONS, INC. 401(K) PLAN is $13,770.00.
BLACKSMITH APPLICATIONS, INC. 401(K) PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in BLACKSMITH APPLICATIONS, INC. 401(K) PLAN is approximately $4,770.00
Investing in this additonal $4,770.00 for 20 years would give you extra $305,331.00, assuming a 10% annual return.
Investing in this additonal $4,770.00 for 20 years would give you extra $305,331.00, assuming a 10% annual return.
BLACKSMITH APPLICATIONS, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2022, BLACKSMITH APPLICATIONS, INC. 401(K) PLAN allocates $887,369.00 to match its employees' contributions, providing an employer match rate of 40.91% of their contributions
Enrollment Features
BLACKSMITH APPLICATIONS, INC. 401(K) PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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