COECO OFFICE SYSTEMS INC. 401(K)

Plan Contact

  • Address: 2521 NORTH CHURCH STREET,ROCKY MOUNT,NC
  • Contact person: CHRISTINA SHEARON
  • Phone: (252) 977-1121

Plan General Information

COECO OFFICE SYSTEMS INC. 401(K) Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in COECO OFFICE SYSTEMS INC. 401(K) is 147

COECO OFFICE SYSTEMS INC. 401(K) Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for COECO OFFICE SYSTEMS INC. 401(K) is $2,313.00.

COECO OFFICE SYSTEMS INC. 401(K) Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in COECO OFFICE SYSTEMS INC. 401(K) is approximately $344.00
Investing in this additonal $344.00 for 20 years would give you extra $22,029.00, assuming a 10% annual return.

COECO OFFICE SYSTEMS INC. 401(K) Total Employer Contribution and Match Rate

In 2022, COECO OFFICE SYSTEMS INC. 401(K) allocates $50,599.00 to match its employees' contributions, providing an employer match rate of 29.75% of their contributions

Enrollment Features

COECO OFFICE SYSTEMS INC. 401(K) 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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