401(K) PLAN FOR HOURLY EMPLOYEES OF THE ROME DIVISION OF REVERE COPPER PRODUCTS, INC
Plan Contact
- Address: ONE REVERE PARK,ROME,NY
- Contact person: TIMOTHY ROSBROOK
- Phone: (315) 338-2022
Plan General Information
401(K) PLAN FOR HOURLY EMPLOYEES OF THE ROME DIVISION OF REVERE COPPER PRODUCTS, INC Total Number of Retirement Plan Participants
At the end of 2013, the total number of retirement plan participants in 401(K) PLAN FOR HOURLY EMPLOYEES OF THE ROME DIVISION OF REVERE COPPER PRODUCTS, INC is 284
401(K) PLAN FOR HOURLY EMPLOYEES OF THE ROME DIVISION OF REVERE COPPER PRODUCTS, INC Estimated Average Employee Contribution Amount
In 2013, the estimated average employee contribution amount per participant for 401(K) PLAN FOR HOURLY EMPLOYEES OF THE ROME DIVISION OF REVERE COPPER PRODUCTS, INC is $5,231.00.
401(K) PLAN FOR HOURLY EMPLOYEES OF THE ROME DIVISION OF REVERE COPPER PRODUCTS, INC Estimated Average Employer Match
In 2013, the estimated average employer match for an employee in 401(K) PLAN FOR HOURLY EMPLOYEES OF THE ROME DIVISION OF REVERE COPPER PRODUCTS, INC is approximately $1,022.00
Investing in this additonal $1,022.00 for 20 years would give you extra $65,417.00, assuming a 10% annual return.
Investing in this additonal $1,022.00 for 20 years would give you extra $65,417.00, assuming a 10% annual return.
401(K) PLAN FOR HOURLY EMPLOYEES OF THE ROME DIVISION OF REVERE COPPER PRODUCTS, INC Total Employer Contribution and Match Rate
In 2013, 401(K) PLAN FOR HOURLY EMPLOYEES OF THE ROME DIVISION OF REVERE COPPER PRODUCTS, INC allocates $290,288.00 to match its employees' contributions, providing an employer match rate of 39.07% of their contributions
Enrollment Features
401(K) PLAN FOR HOURLY EMPLOYEES OF THE ROME DIVISION OF REVERE COPPER PRODUCTS, INC 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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