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ALGOMA HARDWOODS, INC. UNION PENSION AND 401(K) PLAN

Plan Contact

  • Address: 1001 PERRY STREET,ALGOMA,WI
  • Contact person: WILLIAM C BEHME
  • Phone: (920) 487-1845

Plan General Information

ALGOMA HARDWOODS, INC. UNION PENSION AND 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2010, the total number of retirement plan participants in ALGOMA HARDWOODS, INC. UNION PENSION AND 401(K) PLAN is 257

ALGOMA HARDWOODS, INC. UNION PENSION AND 401(K) PLAN Estimated Average Employee Contribution Amount

In 2010, the estimated average employee contribution amount per participant for ALGOMA HARDWOODS, INC. UNION PENSION AND 401(K) PLAN is $1,087.00.

ALGOMA HARDWOODS, INC. UNION PENSION AND 401(K) PLAN Estimated Average Employer Match

In 2010, the estimated average employer match for an employee in ALGOMA HARDWOODS, INC. UNION PENSION AND 401(K) PLAN is approximately $657.00
Investing in this additonal $657.00 for 20 years would give you extra $42,091.00, assuming a 10% annual return.

ALGOMA HARDWOODS, INC. UNION PENSION AND 401(K) PLAN Total Employer Contribution and Match Rate

In 2010, ALGOMA HARDWOODS, INC. UNION PENSION AND 401(K) PLAN allocates $169,024.00 to match its employees' contributions, providing an employer match rate of 120.92% of their contributions

Enrollment Features

ALGOMA HARDWOODS, INC. UNION PENSION AND 401(K) 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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