SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY

Plan Contact

  • Address: 21800 OXNARD STREET SUITE 600,WOODLAND HILLS,CA
  • Contact person: ANTHONY COST
  • Phone: (818) 348-3700

Plan General Information

SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY Total Retirement Plan Assets

At the end of 2011, the total retirement plan assets of SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY is $79,189,334.00.This plan was established in 1989.

SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY Total Number of Retirement Plan Participants

At the end of 2011, the total number of retirement plan participants in SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY is 1906

SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY Average Participant Retirement Account Value

In 2011, the average participant retirement account value for SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY is $41,547.00

SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY Estimated Average Employee Contribution Amount

In 2011, the estimated average employee contribution amount per participant for SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY is $5,503.00.

SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY Estimated Average Employer Match

In 2011, the estimated average employer match for an employee in SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY is approximately $1,057.00
Investing in this additonal $1,057.00 for 20 years would give you extra $67,667.00, assuming a 10% annual return.

SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY Total Employer Contribution and Match Rate

In 2011, SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY allocates $2,015,213.00 to match its employees' contributions, providing an employer match rate of 38.42% of their contributions

SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY Total Retirement Plan Asset Growth Rate

In 2011, the total retirement plan asset growth rate of SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY is 1.73%.

SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY Estimated Aggregate Retirement Account Investment Gain/Loss

In 2011, the estimated aggregate retirement account investment gain/loss for SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY is 1.21%. This measures the effectiveness of the plan participants' investments in the year.

SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY Expense Ratio

In 2011, the investment and administrative expense ratio of SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY is 0.05%.

Enrollment Features

SILGAN CONTAINIERS RETIREMENT SAVINGS PLAN- HOURLY 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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