POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN

Plan Contact

  • Address: 7500 EAST PLEASANT VALLEY ROAD,INDEPENDENCE,OH
  • Contact person: CHARLES A DI STAULO
  • Phone: (216) 875-7226

Plan General Information

POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN is $31,178,324.00.This plan was established in 2015.

POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN is 350

POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN is $89,080.00

POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN is $6,959.00.

POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN is approximately $3,377.00
Investing in this additonal $3,377.00 for 20 years would give you extra $216,174.00, assuming a 10% annual return.

POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN allocates $1,182,206.00 to match its employees' contributions, providing an employer match rate of 51.40% of their contributions

POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN is 19.87%.

POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN is 18.18%. This measures the effectiveness of the plan participants' investments in the year.

POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of POLYMER ADDITIVES, INC. 401(K) SAVINGS PLAN is 0.38%.

Enrollment Features

POLYMER ADDITIVES, INC. 401(K) 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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