EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS

Plan Contact

  • Address: 5445 TRIANGLE PARKWAY, SUITE 350,NORCROSS,GA
  • Contact person: MAKELA MCDERMOTT
  • Phone: (770) 449-7066

Plan General Information

EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS Total Retirement Plan Assets

At the end of 2011, the total retirement plan assets of EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS is $12,197,737.00.This plan was established in 1996.

EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS Total Number of Retirement Plan Participants

At the end of 2011, the total number of retirement plan participants in EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS is 785

EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS Average Participant Retirement Account Value

In 2011, the average participant retirement account value for EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS is $15,538.00

EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS Estimated Average Employee Contribution Amount

In 2011, the estimated average employee contribution amount per participant for EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS is $1,917.00.

EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS Estimated Average Employer Match

In 2011, the estimated average employer match for an employee in EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS is approximately $383.00
Investing in this additonal $383.00 for 20 years would give you extra $24,515.00, assuming a 10% annual return.

EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS Total Employer Contribution and Match Rate

In 2011, EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS allocates $300,692.00 to match its employees' contributions, providing an employer match rate of 39.95% of their contributions

EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS Total Retirement Plan Asset Growth Rate

In 2011, the total retirement plan asset growth rate of EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS is 3.08%.

EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS Estimated Aggregate Retirement Account Investment Gain/Loss

In 2011, the estimated aggregate retirement account investment gain/loss for EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS is -0.96%. This measures the effectiveness of the plan participants' investments in the year.

EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS Expense Ratio

In 2011, the investment and administrative expense ratio of EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS is 0.12%.

Enrollment Features

EURAMAX COMPANIES SAVINGS PLAN FOR HOURLY WORKERS 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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