THE SHAW GROUP INC. 401(K) PLAN FOR CERTAIN HOURLY EMPLOYEES
Plan Contact
- Address: 4171 ESSEN LANE,BATON ROUGE,LA
- Contact person: JENNIFER BRANUM
- Phone: (225) 932-2500
Plan General Information
THE SHAW GROUP INC. 401(K) PLAN FOR CERTAIN HOURLY EMPLOYEES Total Number of Retirement Plan Participants
At the end of 2010, the total number of retirement plan participants in THE SHAW GROUP INC. 401(K) PLAN FOR CERTAIN HOURLY EMPLOYEES is 10072
THE SHAW GROUP INC. 401(K) PLAN FOR CERTAIN HOURLY EMPLOYEES Estimated Average Employee Contribution Amount
In 2010, the estimated average employee contribution amount per participant for THE SHAW GROUP INC. 401(K) PLAN FOR CERTAIN HOURLY EMPLOYEES is $712.00.
THE SHAW GROUP INC. 401(K) PLAN FOR CERTAIN HOURLY EMPLOYEES Estimated Average Employer Match
In 2010, the estimated average employer match for an employee in THE SHAW GROUP INC. 401(K) PLAN FOR CERTAIN HOURLY EMPLOYEES is approximately $154.00
Investing in this additonal $154.00 for 20 years would give you extra $9,885.00, assuming a 10% annual return.
Investing in this additonal $154.00 for 20 years would give you extra $9,885.00, assuming a 10% annual return.
THE SHAW GROUP INC. 401(K) PLAN FOR CERTAIN HOURLY EMPLOYEES Total Employer Contribution and Match Rate
In 2010, THE SHAW GROUP INC. 401(K) PLAN FOR CERTAIN HOURLY EMPLOYEES allocates $1,555,671.00 to match its employees' contributions, providing an employer match rate of 43.35% of their contributions
Enrollment Features
THE SHAW GROUP INC. 401(K) PLAN FOR CERTAIN HOURLY EMPLOYEES 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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