GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID

Plan Contact

  • Address: 10601 WESTLAKE DRIVE,CHARLOTTE,NC
  • Contact person: CATHERINE SAWCHUK
  • Phone: (518) 798-9511

Plan General Information

GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID Total Retirement Plan Assets

At the end of 2018, the total retirement plan assets of GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID is $61,601,886.00.This plan was established in 1980.

GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID Total Number of Retirement Plan Participants

At the end of 2018, the total number of retirement plan participants in GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID is 602

GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID Average Participant Retirement Account Value

In 2018, the average participant retirement account value for GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID is $102,328.00

GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID Estimated Average Employee Contribution Amount

In 2018, the estimated average employee contribution amount per participant for GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID is $7,756.00.

GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID Estimated Average Employer Match

In 2018, the estimated average employer match for an employee in GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID is approximately $2,188.00
Investing in this additonal $2,188.00 for 20 years would give you extra $140,078.00, assuming a 10% annual return.

GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID Total Employer Contribution and Match Rate

In 2018, GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID allocates $1,317,612.00 to match its employees' contributions, providing an employer match rate of 56.44% of their contributions

GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID Total Retirement Plan Asset Growth Rate

In 2018, the total retirement plan asset growth rate of GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID is -2.98%.

GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID Estimated Aggregate Retirement Account Investment Gain/Loss

In 2018, the estimated aggregate retirement account investment gain/loss for GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID is -2.11%. This measures the effectiveness of the plan participants' investments in the year.

GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID Expense Ratio

In 2018, the investment and administrative expense ratio of GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID is 0.06%.

Enrollment Features

GENPAK RETIREMENT INCOME PLAN (FOR SALARIED-PAID 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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