HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY

Plan Contact

  • Address: 200 LUCIUS GORDON DRIVE,WEST HENRIETTA,NY
  • Contact person: MICHAEL DIBOWSKI
  • Phone: (513) 431-8894

Plan General Information

HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY is $14,467,132.00.This plan was established in 2014.

HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY is 425

HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY Average Participant Retirement Account Value

In 2023, the average participant retirement account value for HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY is $34,040.00

HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY is $3,684.00.

HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY is approximately $1,064.00
Investing in this additonal $1,064.00 for 20 years would give you extra $68,123.00, assuming a 10% annual return.

HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY Total Employer Contribution and Match Rate

In 2023, HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY allocates $452,382.00 to match its employees' contributions, providing an employer match rate of 57.78% of their contributions

HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY is 14.43%.

HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY is 16.07%. This measures the effectiveness of the plan participants' investments in the year.

HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY Expense Ratio

In 2023, the investment and administrative expense ratio of HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY is 0.21%.

Enrollment Features

HAMMER PACKAGING CORP. RETIREMENT SAVINGS PLAN FOR UNION EMPLOYEES A MULTI-COLOR CORPORATION COMPANY 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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