CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN

Plan Contact

  • Address: 100 WEST MAIN ST.,BOUND BROOK,NJ
  • Contact person: JACQUELINE HIGGINS
  • Phone: (732) 907-2378

Plan General Information

CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN is $4,541,945.00.This plan was established in 1998.

CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN is 35

CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN is $129,769.00

CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN is $6,003.00.

CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN is approximately $5,216.00
Investing in this additonal $5,216.00 for 20 years would give you extra $333,878.00, assuming a 10% annual return.

CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN allocates $182,590.00 to match its employees' contributions, providing an employer match rate of 35.78% of their contributions

CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN is -72.88%.

CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN is -70.53%. This measures the effectiveness of the plan participants' investments in the year.

CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of CPS PERFORMANCE MATERIALS CORP SAVINGS & RETIREMENT PLAN is 0.03%.

Enrollment Features

CPS PERFORMANCE MATERIALS CORP SAVINGS & 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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