KYKLOS BEARING INTERNATIONAL, LLC PERSONAL SAVINGS PLAN FOR HOURLY-RATE EMPLOYEES
Plan Contact
- Address: 2509 HAYES AVENUE,SANDUSKY,OH
- Contact person: DIANE KEEGAN
- Phone: (419) 627-7052
Plan General Information
KYKLOS BEARING INTERNATIONAL, LLC PERSONAL SAVINGS PLAN FOR HOURLY-RATE EMPLOYEES Total Number of Retirement Plan Participants
At the end of 2017, the total number of retirement plan participants in KYKLOS BEARING INTERNATIONAL, LLC PERSONAL SAVINGS PLAN FOR HOURLY-RATE EMPLOYEES is 453
KYKLOS BEARING INTERNATIONAL, LLC PERSONAL SAVINGS PLAN FOR HOURLY-RATE EMPLOYEES Estimated Average Employee Contribution Amount
In 2017, the estimated average employee contribution amount per participant for KYKLOS BEARING INTERNATIONAL, LLC PERSONAL SAVINGS PLAN FOR HOURLY-RATE EMPLOYEES is $400.00.
KYKLOS BEARING INTERNATIONAL, LLC PERSONAL SAVINGS PLAN FOR HOURLY-RATE EMPLOYEES Estimated Average Employer Match
In 2017, the estimated average employer match for an employee in KYKLOS BEARING INTERNATIONAL, LLC PERSONAL SAVINGS PLAN FOR HOURLY-RATE EMPLOYEES is approximately $39.00
Investing in this additonal $39.00 for 20 years would give you extra $2,557.00, assuming a 10% annual return.
Investing in this additonal $39.00 for 20 years would give you extra $2,557.00, assuming a 10% annual return.
KYKLOS BEARING INTERNATIONAL, LLC PERSONAL SAVINGS PLAN FOR HOURLY-RATE EMPLOYEES Total Employer Contribution and Match Rate
In 2017, KYKLOS BEARING INTERNATIONAL, LLC PERSONAL SAVINGS PLAN FOR HOURLY-RATE EMPLOYEES allocates $18,103.00 to match its employees' contributions, providing an employer match rate of 19.94% of their contributions
Enrollment Features
KYKLOS BEARING INTERNATIONAL, LLC PERSONAL SAVINGS PLAN FOR HOURLY-RATE EMPLOYEES 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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