PLACON CORPORATION RETIREMENT PLAN

Plan Contact

  • Address: 6096 MCKEE RD.,FITCHBURG,WI
  • Contact person: LORI LA TOUR
  • Phone: (608) 278-4908

Plan General Information

PLACON CORPORATION RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of PLACON CORPORATION RETIREMENT PLAN is $69,573,807.00.This plan was established in 1972.

PLACON CORPORATION RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in PLACON CORPORATION RETIREMENT PLAN is 1066

PLACON CORPORATION RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for PLACON CORPORATION RETIREMENT PLAN is $65,266.00

PLACON CORPORATION RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for PLACON CORPORATION RETIREMENT PLAN is $4,486.00.

PLACON CORPORATION RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in PLACON CORPORATION RETIREMENT PLAN is approximately $1,187.00
Investing in this additonal $1,187.00 for 20 years would give you extra $76,002.00, assuming a 10% annual return.

PLACON CORPORATION RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, PLACON CORPORATION RETIREMENT PLAN allocates $1,265,909.00 to match its employees' contributions, providing an employer match rate of 29.94% of their contributions

PLACON CORPORATION RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of PLACON CORPORATION RETIREMENT PLAN is 9.58%.

PLACON CORPORATION RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for PLACON CORPORATION RETIREMENT PLAN is 17.73%. This measures the effectiveness of the plan participants' investments in the year.

PLACON CORPORATION RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of PLACON CORPORATION RETIREMENT PLAN is 0.04%.

Enrollment Features

PLACON CORPORATION RETIREMENT 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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