SOUND SEAL, INC. 401(K) PLAN
Plan Contact
- Address: 50 ALMGREN DRIVE,AGAWAM,MA
- Contact person: ANGIE MAGID
- Phone: (413) 789-1770
Plan General Information
SOUND SEAL, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of SOUND SEAL, INC. 401(K) PLAN is $8,522,279.00.This plan was established in 1983.
SOUND SEAL, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in SOUND SEAL, INC. 401(K) PLAN is 321
SOUND SEAL, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for SOUND SEAL, INC. 401(K) PLAN is $26,549.00
SOUND SEAL, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for SOUND SEAL, INC. 401(K) PLAN is $3,180.00.
SOUND SEAL, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in SOUND SEAL, INC. 401(K) PLAN is approximately $1,607.00
Investing in this additonal $1,607.00 for 20 years would give you extra $102,910.00, assuming a 10% annual return.
Investing in this additonal $1,607.00 for 20 years would give you extra $102,910.00, assuming a 10% annual return.
SOUND SEAL, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, SOUND SEAL, INC. 401(K) PLAN allocates $516,158.00 to match its employees' contributions, providing an employer match rate of 57.65% of their contributions
SOUND SEAL, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of SOUND SEAL, INC. 401(K) PLAN is 20.67%.
SOUND SEAL, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for SOUND SEAL, INC. 401(K) PLAN is 18.90%. This measures the effectiveness of the plan participants' investments in the year.
SOUND SEAL, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of SOUND SEAL, INC. 401(K) PLAN is 0.31%.
Enrollment Features
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