HOOD PACKAGING CORPORATION SAVINGS PLAN

Plan Contact

  • Address: 25 WOODGREEN PLACE,MADISON,MS
  • Contact person: KAREN MCLAUGHLIN
  • Phone: (601) 853-7260

Plan General Information

HOOD PACKAGING CORPORATION SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of HOOD PACKAGING CORPORATION SAVINGS PLAN is $94,439,705.00.This plan was established in 1991.

HOOD PACKAGING CORPORATION SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in HOOD PACKAGING CORPORATION SAVINGS PLAN is 1670

HOOD PACKAGING CORPORATION SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for HOOD PACKAGING CORPORATION SAVINGS PLAN is $56,550.00

HOOD PACKAGING CORPORATION SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for HOOD PACKAGING CORPORATION SAVINGS PLAN is $7,333.00.

HOOD PACKAGING CORPORATION SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in HOOD PACKAGING CORPORATION SAVINGS PLAN is approximately $1,848.00
Investing in this additonal $1,848.00 for 20 years would give you extra $118,283.00, assuming a 10% annual return.

HOOD PACKAGING CORPORATION SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, HOOD PACKAGING CORPORATION SAVINGS PLAN allocates $3,086,453.00 to match its employees' contributions, providing an employer match rate of 50.40% of their contributions

HOOD PACKAGING CORPORATION SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of HOOD PACKAGING CORPORATION SAVINGS PLAN is 37.32%.

HOOD PACKAGING CORPORATION SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for HOOD PACKAGING CORPORATION SAVINGS PLAN is 42.62%. This measures the effectiveness of the plan participants' investments in the year.

HOOD PACKAGING CORPORATION SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of HOOD PACKAGING CORPORATION SAVINGS PLAN is 0.14%.

Enrollment Features

HOOD PACKAGING CORPORATION SAVINGS PLAN 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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