GKN SINTER METALS, INC. SAVINGS PLAN FOR HOURLY EMPLOYEES - GALLIPOLIS PLANT

Plan Contact

  • Contact person: DIRECTOR, US BENEFITS
  • Phone: (248) 371-0816

Plan General Information

GKN SINTER METALS, INC. SAVINGS PLAN FOR HOURLY EMPLOYEES - GALLIPOLIS PLANT Total Number of Retirement Plan Participants

At the end of 2006, the total number of retirement plan participants in GKN SINTER METALS, INC. SAVINGS PLAN FOR HOURLY EMPLOYEES - GALLIPOLIS PLANT is 160

GKN SINTER METALS, INC. SAVINGS PLAN FOR HOURLY EMPLOYEES - GALLIPOLIS PLANT Estimated Average Employee Contribution Amount

In 2006, the estimated average employee contribution amount per participant for GKN SINTER METALS, INC. SAVINGS PLAN FOR HOURLY EMPLOYEES - GALLIPOLIS PLANT is $2,190.00.

GKN SINTER METALS, INC. SAVINGS PLAN FOR HOURLY EMPLOYEES - GALLIPOLIS PLANT Estimated Average Employer Match

In 2006, the estimated average employer match for an employee in GKN SINTER METALS, INC. SAVINGS PLAN FOR HOURLY EMPLOYEES - GALLIPOLIS PLANT is approximately $1,400.00
Investing in this additonal $1,400.00 for 20 years would give you extra $89,614.00, assuming a 10% annual return.

GKN SINTER METALS, INC. SAVINGS PLAN FOR HOURLY EMPLOYEES - GALLIPOLIS PLANT Total Employer Contribution and Match Rate

In 2006, GKN SINTER METALS, INC. SAVINGS PLAN FOR HOURLY EMPLOYEES - GALLIPOLIS PLANT allocates $224,035.00 to match its employees' contributions, providing an employer match rate of 127.82% of their contributions

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