JOSEPH B. FAY CO. PROFIT SHARING RETIREMENT PLAN
Plan Contact
- Address: 100 SKY LANE,TARENTUM,PA
- Phone: (724) 265-4600
Plan General Information
JOSEPH B. FAY CO. PROFIT SHARING RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2020, the total number of retirement plan participants in JOSEPH B. FAY CO. PROFIT SHARING RETIREMENT PLAN is 103
JOSEPH B. FAY CO. PROFIT SHARING RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2020, the estimated average employee contribution amount per participant for JOSEPH B. FAY CO. PROFIT SHARING RETIREMENT PLAN is $13,519.00.
JOSEPH B. FAY CO. PROFIT SHARING RETIREMENT PLAN Estimated Average Employer Match
In 2020, the estimated average employer match for an employee in JOSEPH B. FAY CO. PROFIT SHARING RETIREMENT PLAN is approximately $2,552.00
Investing in this additonal $2,552.00 for 20 years would give you extra $163,361.00, assuming a 10% annual return.
Investing in this additonal $2,552.00 for 20 years would give you extra $163,361.00, assuming a 10% annual return.
JOSEPH B. FAY CO. PROFIT SHARING RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2020, JOSEPH B. FAY CO. PROFIT SHARING RETIREMENT PLAN allocates $262,910.00 to match its employees' contributions, providing an employer match rate of 37.76% of their contributions
Enrollment Features
JOSEPH B. FAY CO. PROFIT SHARING RETIREMENT 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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