VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: 4000 WARREN RAVENNA ROAD,NEWTON FALLS,OH
  • Contact person: VANESSA URREGO
  • Phone: (330) 872-6234

Plan General Information

VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN is $5,755,017.00.This plan was established in 1983.

VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN is 215

VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN is $26,767.00

VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN is $1,766.00.

VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN is approximately $445.00
Investing in this additonal $445.00 for 20 years would give you extra $28,482.00, assuming a 10% annual return.

VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2023, VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN allocates $95,683.00 to match its employees' contributions, providing an employer match rate of 29.04% of their contributions

VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN is 13.67%.

VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN is 16.70%. This measures the effectiveness of the plan participants' investments in the year.

VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN is 0.54%.

Enrollment Features

VENTURE PLASTICS, INC. 401(K) PROFIT SHARING 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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