SKILCRAFT 401(K) SAVINGS & RETIREMENT PLAN

Plan Contact

  • Address: 5184 LIMABURG ROAD,BURLINGTON,KY
  • Contact person: ROBERT BURSTEIN
  • Phone: (859) 371-0799

Plan General Information

SKILCRAFT 401(K) SAVINGS & RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in SKILCRAFT 401(K) SAVINGS & RETIREMENT PLAN is 130

SKILCRAFT 401(K) SAVINGS & RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for SKILCRAFT 401(K) SAVINGS & RETIREMENT PLAN is $870.00.

SKILCRAFT 401(K) SAVINGS & RETIREMENT PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in SKILCRAFT 401(K) SAVINGS & RETIREMENT PLAN is approximately $416.00
Investing in this additonal $416.00 for 20 years would give you extra $26,687.00, assuming a 10% annual return.

SKILCRAFT 401(K) SAVINGS & RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2021, SKILCRAFT 401(K) SAVINGS & RETIREMENT PLAN allocates $54,209.00 to match its employees' contributions, providing an employer match rate of 47.90% of their contributions

Enrollment Features

SKILCRAFT 401(K) SAVINGS & RETIREMENT 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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