GENPAK LLC HOURLY PAID PENSION PLAN
Plan Contact
- Address: 10601 WESTLAKE DRIVE,CHARLOTTE,NC
- Contact person: SIERRA BECKWITH
- Phone: (518) 798-9511
Plan General Information
GENPAK LLC HOURLY PAID PENSION PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of GENPAK LLC HOURLY PAID PENSION PLAN is $3,144,654.00.This plan was established in 1981.
GENPAK LLC HOURLY PAID PENSION PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in GENPAK LLC HOURLY PAID PENSION PLAN is 166
GENPAK LLC HOURLY PAID PENSION PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for GENPAK LLC HOURLY PAID PENSION PLAN is $18,943.00
GENPAK LLC HOURLY PAID PENSION PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for GENPAK LLC HOURLY PAID PENSION PLAN is $461.00.
GENPAK LLC HOURLY PAID PENSION PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in GENPAK LLC HOURLY PAID PENSION PLAN is approximately $440.00
Investing in this additonal $440.00 for 20 years would give you extra $28,208.00, assuming a 10% annual return.
Investing in this additonal $440.00 for 20 years would give you extra $28,208.00, assuming a 10% annual return.
GENPAK LLC HOURLY PAID PENSION PLAN Total Employer Contribution and Match Rate
In 2023, GENPAK LLC HOURLY PAID PENSION PLAN allocates $73,166.00 to match its employees' contributions, providing an employer match rate of 93.02% of their contributions
GENPAK LLC HOURLY PAID PENSION PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of GENPAK LLC HOURLY PAID PENSION PLAN is -5.66%.
GENPAK LLC HOURLY PAID PENSION PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for GENPAK LLC HOURLY PAID PENSION PLAN is 11.40%. This measures the effectiveness of the plan participants' investments in the year.
GENPAK LLC HOURLY PAID PENSION PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of GENPAK LLC HOURLY PAID PENSION PLAN is 0.27%.
Enrollment Features
GENPAK LLC HOURLY PAID PENSION 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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