CLASSIC INDUSTRIES INC EMPLOYEES' RETIREMENT PLAN

Plan Contact

  • Address: 149 DEVEREUX DR,LATROBE,PA
  • Contact person: CATHY SMITH
  • Phone: (724) 537-9600

Plan General Information

CLASSIC INDUSTRIES INC EMPLOYEES' RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in CLASSIC INDUSTRIES INC EMPLOYEES' RETIREMENT PLAN is 596

CLASSIC INDUSTRIES INC EMPLOYEES' RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for CLASSIC INDUSTRIES INC EMPLOYEES' RETIREMENT PLAN is $2,484.00.

CLASSIC INDUSTRIES INC EMPLOYEES' RETIREMENT PLAN Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in CLASSIC INDUSTRIES INC EMPLOYEES' RETIREMENT PLAN is approximately $820.00
Investing in this additonal $820.00 for 20 years would give you extra $52,513.00, assuming a 10% annual return.

CLASSIC INDUSTRIES INC EMPLOYEES' RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2020, CLASSIC INDUSTRIES INC EMPLOYEES' RETIREMENT PLAN allocates $489,030.00 to match its employees' contributions, providing an employer match rate of 66.04% of their contributions

Enrollment Features

CLASSIC INDUSTRIES INC EMPLOYEES' RETIREMENT 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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