COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN

Plan Contact

  • Address: 65 GRANT STREET,TORRINGTON,CT
  • Contact person: DAVID MAZZARELLI
  • Phone: (860) 482-5509

Plan General Information

COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN is $9,768,174.00.This plan was established in 2022.

COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN is 201

COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN is $48,597.00

COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN is $2,437.00.

COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN is approximately $844.00
Investing in this additonal $844.00 for 20 years would give you extra $54,016.00, assuming a 10% annual return.

COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2021, COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN allocates $169,646.00 to match its employees' contributions, providing an employer match rate of 34.63% of their contributions

COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN is 21.79%.

COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN is 13.63%. This measures the effectiveness of the plan participants' investments in the year.

COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of COMMERCIAL SEWING, INC. EMPLOYEE SAVINGS AND RETIREMENT PLAN is 0.08%.

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