BRIDGEPORT FITTINGS, INC. 401(K) PROFIT SHARING PLAN
Plan Contact
- Address: 13235 W REESE BLVD.,HUNTERSVILLE,NC
- Contact person: RICK ANGELI
- Phone: (203) 381-3401
Plan General Information
BRIDGEPORT FITTINGS, INC. 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2020, the total number of retirement plan participants in BRIDGEPORT FITTINGS, INC. 401(K) PROFIT SHARING PLAN is 115
BRIDGEPORT FITTINGS, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2020, the estimated average employee contribution amount per participant for BRIDGEPORT FITTINGS, INC. 401(K) PROFIT SHARING PLAN is $11,591.00.
BRIDGEPORT FITTINGS, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employer Match
In 2020, the estimated average employer match for an employee in BRIDGEPORT FITTINGS, INC. 401(K) PROFIT SHARING PLAN is approximately $1,234.00
Investing in this additonal $1,234.00 for 20 years would give you extra $79,008.00, assuming a 10% annual return.
Investing in this additonal $1,234.00 for 20 years would give you extra $79,008.00, assuming a 10% annual return.
BRIDGEPORT FITTINGS, INC. 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2020, BRIDGEPORT FITTINGS, INC. 401(K) PROFIT SHARING PLAN allocates $141,968.00 to match its employees' contributions, providing an employer match rate of 21.30% of their contributions
Enrollment Features
BRIDGEPORT FITTINGS, INC. 401(K) PROFIT SHARING 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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