PROFIT SHARING/401(K) PLAN AND TRUST OF JOSHEN PAPER & PACKAGING CO. INC
Plan Contact
- Address: 5800 GRANT AVE,CUYAHOGA HEIGHTS,OH
- Contact person: GREG HANCHAR
- Phone: (216) 441-5600
Plan General Information
PROFIT SHARING/401(K) PLAN AND TRUST OF JOSHEN PAPER & PACKAGING CO. INC Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in PROFIT SHARING/401(K) PLAN AND TRUST OF JOSHEN PAPER & PACKAGING CO. INC is 454
PROFIT SHARING/401(K) PLAN AND TRUST OF JOSHEN PAPER & PACKAGING CO. INC Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for PROFIT SHARING/401(K) PLAN AND TRUST OF JOSHEN PAPER & PACKAGING CO. INC is $1,399.00.
PROFIT SHARING/401(K) PLAN AND TRUST OF JOSHEN PAPER & PACKAGING CO. INC Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in PROFIT SHARING/401(K) PLAN AND TRUST OF JOSHEN PAPER & PACKAGING CO. INC is approximately $308.00
Investing in this additonal $308.00 for 20 years would give you extra $19,774.00, assuming a 10% annual return.
Investing in this additonal $308.00 for 20 years would give you extra $19,774.00, assuming a 10% annual return.
PROFIT SHARING/401(K) PLAN AND TRUST OF JOSHEN PAPER & PACKAGING CO. INC Total Employer Contribution and Match Rate
In 2022, PROFIT SHARING/401(K) PLAN AND TRUST OF JOSHEN PAPER & PACKAGING CO. INC allocates $140,276.00 to match its employees' contributions, providing an employer match rate of 22.23% of their contributions
Enrollment Features
PROFIT SHARING/401(K) PLAN AND TRUST OF JOSHEN PAPER & PACKAGING CO. INC 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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