PETROFERM, INC 401(K) RETIREMENT SAVINGS PLAN
Plan Contact
- Address: 3938 PORETT DRIVE,GURNEE,IL
- Contact person: JOSEPH BARRETT
- Phone: (847) 249-6733
Plan General Information
PETROFERM, INC 401(K) RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2010, the total number of retirement plan participants in PETROFERM, INC 401(K) RETIREMENT SAVINGS PLAN is 200
PETROFERM, INC 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2010, the estimated average employee contribution amount per participant for PETROFERM, INC 401(K) RETIREMENT SAVINGS PLAN is $4,943.00.
PETROFERM, INC 401(K) RETIREMENT SAVINGS PLAN Estimated Average Employer Match
In 2010, the estimated average employer match for an employee in PETROFERM, INC 401(K) RETIREMENT SAVINGS PLAN is approximately $1,050.00
Investing in this additonal $1,050.00 for 20 years would give you extra $67,233.00, assuming a 10% annual return.
Investing in this additonal $1,050.00 for 20 years would give you extra $67,233.00, assuming a 10% annual return.
PETROFERM, INC 401(K) RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate
In 2010, PETROFERM, INC 401(K) RETIREMENT SAVINGS PLAN allocates $210,106.00 to match its employees' contributions, providing an employer match rate of 42.50% of their contributions
Enrollment Features
PETROFERM, INC 401(K) RETIREMENT SAVINGS 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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