BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN

Plan Contact

  • Address: 8313 TRIAD DRIVE,GREENSBORO,NC
  • Contact person: AMANDA CRABB
  • Phone: (336) 668-3347

Plan General Information

BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN is $12,936,773.00.This plan was established in 1990.

BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN is 277

BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN is $46,703.00

BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN is $3,738.00.

BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN is approximately $1,277.00
Investing in this additonal $1,277.00 for 20 years would give you extra $81,746.00, assuming a 10% annual return.

BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN allocates $353,810.00 to match its employees' contributions, providing an employer match rate of 37.19% of their contributions

BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN is 20.84%.

BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN is 15.79%. This measures the effectiveness of the plan participants' investments in the year.

BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN is 0.42%.

Enrollment Features

BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS 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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