PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN
Plan Contact
- Address: 1125 FORD STREET,MAUMEE,OH
- Phone: (419) 729-0751
Plan General Information
PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN is $8,229,534.00.This plan was established in 1973.
PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN is 183
PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN is $44,970.00
PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN is $3,659.00.
PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN is approximately $1,062.00
Investing in this additonal $1,062.00 for 20 years would give you extra $68,028.00, assuming a 10% annual return.
Investing in this additonal $1,062.00 for 20 years would give you extra $68,028.00, assuming a 10% annual return.
PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2023, PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN allocates $194,520.00 to match its employees' contributions, providing an employer match rate of 31.92% of their contributions
PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN is 8.43%.
PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN is 16.74%. This measures the effectiveness of the plan participants' investments in the year.
PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN is 0.45%.
Enrollment Features
PRO-PAK INDUSTRIES & BRYAN PACKAGING 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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