SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS)

Plan Contact

  • Address: 35 WATERVIEW BOULEVARD,PARSIPPANY,NJ
  • Contact person: MARY TAKAGI
  • Phone: (973) 404-6000

Plan General Information

SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) is $2,055,290.00.This plan was established in 1999.

SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) is 191

SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) is $10,760.00

SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) is $871.00.

SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) is approximately $254.00
Investing in this additonal $254.00 for 20 years would give you extra $16,291.00, assuming a 10% annual return.

SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) Total Employer Contribution and Match Rate

In 2023, SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) allocates $48,620.00 to match its employees' contributions, providing an employer match rate of 32.05% of their contributions

SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) is 21.92%.

SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) is 15.93%. This measures the effectiveness of the plan participants' investments in the year.

SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) Expense Ratio

In 2023, the investment and administrative expense ratio of SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) is 0.00%.

Enrollment Features

SUN CHEMICAL 401 (K) SAVINGS PLAN (FOR PARTICIPATING UNIONS) 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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