PATTEN INDUSTRIES, INC. 401(K) SAVINGS PLAN

Plan Contact

  • Address: 635 W. LAKE STREET,ELMHURST,IL
  • Contact person: COREY NUEHRING
  • Phone: (630) 279-4400

Plan General Information

PATTEN INDUSTRIES, INC. 401(K) SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2019, the total number of retirement plan participants in PATTEN INDUSTRIES, INC. 401(K) SAVINGS PLAN is 306

PATTEN INDUSTRIES, INC. 401(K) SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2019, the estimated average employee contribution amount per participant for PATTEN INDUSTRIES, INC. 401(K) SAVINGS PLAN is $1,725.00.

PATTEN INDUSTRIES, INC. 401(K) SAVINGS PLAN Estimated Average Employer Match

In 2019, the estimated average employer match for an employee in PATTEN INDUSTRIES, INC. 401(K) SAVINGS PLAN is approximately $0.00
Investing in this additonal $0.00 for 20 years would give you extra $4.00, assuming a 10% annual return.

PATTEN INDUSTRIES, INC. 401(K) SAVINGS PLAN Total Employer Contribution and Match Rate

In 2019, PATTEN INDUSTRIES, INC. 401(K) SAVINGS PLAN allocates $22.00 to match its employees' contributions, providing an employer match rate of 0.01% of their contributions

Enrollment Features

PATTEN INDUSTRIES, INC. 401(K) 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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