FAIST CHEMTEC, INC. 401(K) PLAN
Plan Contact
- Address: 1909 KYLE CT,GASTONIA,NC
- Contact person: TYLER KIELMAN
- Phone: (704) 874-2309
Plan General Information
FAIST CHEMTEC, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2011, the total retirement plan assets of FAIST CHEMTEC, INC. 401(K) PLAN is $1,334,814.00.This plan was established in 2000.
FAIST CHEMTEC, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2011, the total number of retirement plan participants in FAIST CHEMTEC, INC. 401(K) PLAN is 77
FAIST CHEMTEC, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2011, the average participant retirement account value for FAIST CHEMTEC, INC. 401(K) PLAN is $17,335.00
FAIST CHEMTEC, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2011, the estimated average employee contribution amount per participant for FAIST CHEMTEC, INC. 401(K) PLAN is $4,053.00.
FAIST CHEMTEC, INC. 401(K) PLAN Estimated Average Employer Match
In 2011, the estimated average employer match for an employee in FAIST CHEMTEC, INC. 401(K) PLAN is approximately $821.00
Investing in this additonal $821.00 for 20 years would give you extra $52,548.00, assuming a 10% annual return.
Investing in this additonal $821.00 for 20 years would give you extra $52,548.00, assuming a 10% annual return.
FAIST CHEMTEC, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2011, FAIST CHEMTEC, INC. 401(K) PLAN allocates $63,223.00 to match its employees' contributions, providing an employer match rate of 40.51% of their contributions
FAIST CHEMTEC, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2011, the total retirement plan asset growth rate of FAIST CHEMTEC, INC. 401(K) PLAN is 6.31%.
FAIST CHEMTEC, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2011, the estimated aggregate retirement account investment gain/loss for FAIST CHEMTEC, INC. 401(K) PLAN is -3.04%. This measures the effectiveness of the plan participants' investments in the year.
FAIST CHEMTEC, INC. 401(K) PLAN Expense Ratio
In 2011, the investment and administrative expense ratio of FAIST CHEMTEC, INC. 401(K) PLAN is 0.09%.
Enrollment Features
FAIST CHEMTEC, INC. 401(K) 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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