GPI HOURLY SAVINGS PLAN
Plan Contact
- Address: 1500 RIVEREDGE PKWY. NW,ATLANTA,GA
- Contact person: JANET HUNT
- Phone: (770) 240-7200
Plan General Information
GPI HOURLY SAVINGS PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of GPI HOURLY SAVINGS PLAN is $534,646,898.00.This plan was established in 1993.
GPI HOURLY SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in GPI HOURLY SAVINGS PLAN is 7903
GPI HOURLY SAVINGS PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for GPI HOURLY SAVINGS PLAN is $67,651.00
GPI HOURLY SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for GPI HOURLY SAVINGS PLAN is $4,004.00.
GPI HOURLY SAVINGS PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in GPI HOURLY SAVINGS PLAN is approximately $2,830.00
Investing in this additonal $2,830.00 for 20 years would give you extra $181,166.00, assuming a 10% annual return.
Investing in this additonal $2,830.00 for 20 years would give you extra $181,166.00, assuming a 10% annual return.
GPI HOURLY SAVINGS PLAN Total Employer Contribution and Match Rate
In 2023, GPI HOURLY SAVINGS PLAN allocates $22,371,177.00 to match its employees' contributions, providing an employer match rate of 72.08% of their contributions
GPI HOURLY SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of GPI HOURLY SAVINGS PLAN is 17.01%.
GPI HOURLY SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for GPI HOURLY SAVINGS PLAN is 18.48%. This measures the effectiveness of the plan participants' investments in the year.
GPI HOURLY SAVINGS PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of GPI HOURLY SAVINGS PLAN is 0.11%.
Enrollment Features
GPI HOURLY 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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