FINKL STEEL SAVINGS PLAN
Plan Contact
- Address: 1355 E. 93RD STREET,CHICAGO,IL
- Contact person: KRISTA FITZGIBBON
- Phone: (773) 975-2618
Plan General Information
FINKL STEEL SAVINGS PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of FINKL STEEL SAVINGS PLAN is $40,006,480.00.This plan was established in 1998.
FINKL STEEL SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in FINKL STEEL SAVINGS PLAN is 385
FINKL STEEL SAVINGS PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for FINKL STEEL SAVINGS PLAN is $103,912.00
FINKL STEEL SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for FINKL STEEL SAVINGS PLAN is $4,261.00.
FINKL STEEL SAVINGS PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in FINKL STEEL SAVINGS PLAN is approximately $3,619.00
Investing in this additonal $3,619.00 for 20 years would give you extra $231,636.00, assuming a 10% annual return.
Investing in this additonal $3,619.00 for 20 years would give you extra $231,636.00, assuming a 10% annual return.
FINKL STEEL SAVINGS PLAN Total Employer Contribution and Match Rate
In 2023, FINKL STEEL SAVINGS PLAN allocates $1,393,437.00 to match its employees' contributions, providing an employer match rate of 80.73% of their contributions
FINKL STEEL SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of FINKL STEEL SAVINGS PLAN is 10.45%.
FINKL STEEL SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for FINKL STEEL SAVINGS PLAN is 10.15%. This measures the effectiveness of the plan participants' investments in the year.
FINKL STEEL SAVINGS PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of FINKL STEEL SAVINGS PLAN is 0.29%.
Enrollment Features
FINKL STEEL SAVINGS 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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