TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN

Plan Contact

  • Address: 2100 N. WILKINSON WAY,PERRYSBURG,OH
  • Contact person: LISA A. DELEON
  • Phone: (419) 873-2112

Plan General Information

TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN Total Retirement Plan Assets

At the end of 2009, the total retirement plan assets of TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN is $3,943,454.00.This plan was established in 1988.

TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2009, the total number of retirement plan participants in TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN is 112

TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN Average Participant Retirement Account Value

In 2009, the average participant retirement account value for TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN is $35,209.00

TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2009, the estimated average employee contribution amount per participant for TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN is $203.00.

TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN Estimated Average Employer Match

In 2009, the estimated average employer match for an employee in TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN is approximately $63.00
Investing in this additonal $63.00 for 20 years would give you extra $4,059.00, assuming a 10% annual return.

TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN Total Employer Contribution and Match Rate

In 2009, TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN allocates $7,104.00 to match its employees' contributions, providing an employer match rate of 62.38% of their contributions

TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2009, the total retirement plan asset growth rate of TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN is 15.01%.

TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2009, the estimated aggregate retirement account investment gain/loss for TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN is 24.41%. This measures the effectiveness of the plan participants' investments in the year.

TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN Expense Ratio

In 2009, the investment and administrative expense ratio of TECHNEGLAS, INC. BU 401(K) SAVINGS PLAN is 0.40%.

Enrollment Features

TECHNEGLAS, INC. BU 401(K) SAVINGS 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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