GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN

Plan Contact

  • Address: 164 FREDETTE ST,GARDNER,MA
  • Phone: (978) 630-1028

Plan General Information

GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2020, the total retirement plan assets of GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN is $16,808,899.00.This plan was established in 1993.

GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN is 408

GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN Average Participant Retirement Account Value

In 2020, the average participant retirement account value for GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN is $41,198.00

GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN is $4,103.00.

GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN is approximately $995.00
Investing in this additonal $995.00 for 20 years would give you extra $63,734.00, assuming a 10% annual return.

GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2020, GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN allocates $406,306.00 to match its employees' contributions, providing an employer match rate of 48.53% of their contributions

GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2020, the total retirement plan asset growth rate of GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN is 23.11%.

GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2020, the estimated aggregate retirement account investment gain/loss for GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN is 17.33%. This measures the effectiveness of the plan participants' investments in the year.

GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN Expense Ratio

In 2020, the investment and administrative expense ratio of GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN is 0.44%.

Enrollment Features

GARLOCK PRINTING & CONVERTING CORP. 401K RETIREMENT PLAN 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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