JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN

Plan Contact

  • Address: P.O. BOX 6128,SPARTANBURG,SC
  • Contact person: GUNTER NOLL
  • Phone: (864) 576-0660

Plan General Information

JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN is $13,565,338.00.This plan was established in 2007.

JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN is 217

JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN is $62,513.00

JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN is $3,043.00.

JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN is approximately $1,506.00
Investing in this additonal $1,506.00 for 20 years would give you extra $96,386.00, assuming a 10% annual return.

JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN allocates $326,810.00 to match its employees' contributions, providing an employer match rate of 53.70% of their contributions

JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN is 10.35%.

JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN is 14.30%. This measures the effectiveness of the plan participants' investments in the year.

JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN is 0.01%.

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