SAVINGS PLAN FOR THE COMPANIES OF COVERIS

Plan Contact

  • Address: 50 INTERNATIONAL DRIVE,,GREENVILLE,SC
  • Contact person: ALINA DZIEKONSKI
  • Phone: (864) 641-4710

Plan General Information

SAVINGS PLAN FOR THE COMPANIES OF COVERIS Total Retirement Plan Assets

At the end of 2017, the total retirement plan assets of SAVINGS PLAN FOR THE COMPANIES OF COVERIS is $141,797,439.00.This plan was established in 2005.

SAVINGS PLAN FOR THE COMPANIES OF COVERIS Total Number of Retirement Plan Participants

At the end of 2017, the total number of retirement plan participants in SAVINGS PLAN FOR THE COMPANIES OF COVERIS is 2797

SAVINGS PLAN FOR THE COMPANIES OF COVERIS Average Participant Retirement Account Value

In 2017, the average participant retirement account value for SAVINGS PLAN FOR THE COMPANIES OF COVERIS is $50,696.00

SAVINGS PLAN FOR THE COMPANIES OF COVERIS Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for SAVINGS PLAN FOR THE COMPANIES OF COVERIS is $5,764.00.

SAVINGS PLAN FOR THE COMPANIES OF COVERIS Estimated Average Employer Match

In 2017, the estimated average employer match for an employee in SAVINGS PLAN FOR THE COMPANIES OF COVERIS is approximately $1,074.00
Investing in this additonal $1,074.00 for 20 years would give you extra $68,758.00, assuming a 10% annual return.

SAVINGS PLAN FOR THE COMPANIES OF COVERIS Total Employer Contribution and Match Rate

In 2017, SAVINGS PLAN FOR THE COMPANIES OF COVERIS allocates $3,004,940.00 to match its employees' contributions, providing an employer match rate of 37.27% of their contributions

SAVINGS PLAN FOR THE COMPANIES OF COVERIS Total Retirement Plan Asset Growth Rate

In 2017, the total retirement plan asset growth rate of SAVINGS PLAN FOR THE COMPANIES OF COVERIS is 12.66%.

SAVINGS PLAN FOR THE COMPANIES OF COVERIS Estimated Aggregate Retirement Account Investment Gain/Loss

In 2017, the estimated aggregate retirement account investment gain/loss for SAVINGS PLAN FOR THE COMPANIES OF COVERIS is 14.32%. This measures the effectiveness of the plan participants' investments in the year.

SAVINGS PLAN FOR THE COMPANIES OF COVERIS Expense Ratio

In 2017, the investment and administrative expense ratio of SAVINGS PLAN FOR THE COMPANIES OF COVERIS is 0.26%.

Enrollment Features

SAVINGS PLAN FOR THE COMPANIES OF COVERIS 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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