NEW ENGLAND WOODEN WARE UNION 401(K) PLAN
Plan Contact
- Address: 205 SCHOOL STREET,GARDNER,MA
- Contact person: BETH SVENSON
- Phone: (978) 632-3600
Plan General Information
NEW ENGLAND WOODEN WARE UNION 401(K) PLAN Total Retirement Plan Assets
At the end of 2021, the total retirement plan assets of NEW ENGLAND WOODEN WARE UNION 401(K) PLAN is $4,886,160.00.This plan was established in 2022.
NEW ENGLAND WOODEN WARE UNION 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in NEW ENGLAND WOODEN WARE UNION 401(K) PLAN is 119
NEW ENGLAND WOODEN WARE UNION 401(K) PLAN Average Participant Retirement Account Value
In 2021, the average participant retirement account value for NEW ENGLAND WOODEN WARE UNION 401(K) PLAN is $41,060.00
NEW ENGLAND WOODEN WARE UNION 401(K) PLAN Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for NEW ENGLAND WOODEN WARE UNION 401(K) PLAN is $1,688.00.
NEW ENGLAND WOODEN WARE UNION 401(K) PLAN Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in NEW ENGLAND WOODEN WARE UNION 401(K) PLAN is approximately $2,351.00
Investing in this additonal $2,351.00 for 20 years would give you extra $150,495.00, assuming a 10% annual return.
Investing in this additonal $2,351.00 for 20 years would give you extra $150,495.00, assuming a 10% annual return.
NEW ENGLAND WOODEN WARE UNION 401(K) PLAN Total Employer Contribution and Match Rate
In 2021, NEW ENGLAND WOODEN WARE UNION 401(K) PLAN allocates $279,828.00 to match its employees' contributions, providing an employer match rate of 139.24% of their contributions
NEW ENGLAND WOODEN WARE UNION 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2021, the total retirement plan asset growth rate of NEW ENGLAND WOODEN WARE UNION 401(K) PLAN is 20.06%.
NEW ENGLAND WOODEN WARE UNION 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2021, the estimated aggregate retirement account investment gain/loss for NEW ENGLAND WOODEN WARE UNION 401(K) PLAN is 14.78%. This measures the effectiveness of the plan participants' investments in the year.
NEW ENGLAND WOODEN WARE UNION 401(K) PLAN Expense Ratio
In 2021, the investment and administrative expense ratio of NEW ENGLAND WOODEN WARE UNION 401(K) PLAN is 0.65%.
Enrollment Features
NEW ENGLAND WOODEN WARE UNION 401(K) 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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