AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES

Plan Contact

  • Address: 4955 STEUBENVILLE PIKE SUITE 405,PITTSBURGH,PA
  • Contact person: FRANK VALLELUNGA
  • Phone: (724) 773-2228

Plan General Information

AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES Total Retirement Plan Assets

At the end of 2016, the total retirement plan assets of AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES is $13,977,837.00.This plan was established in 1988.

AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES Total Number of Retirement Plan Participants

At the end of 2016, the total number of retirement plan participants in AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES is 619

AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES Average Participant Retirement Account Value

In 2016, the average participant retirement account value for AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES is $22,581.00

AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES Estimated Average Employee Contribution Amount

In 2016, the estimated average employee contribution amount per participant for AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES is $2,756.00.

AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES Estimated Average Employer Match

In 2016, the estimated average employer match for an employee in AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES is approximately $834.00
Investing in this additonal $834.00 for 20 years would give you extra $53,403.00, assuming a 10% annual return.

AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES Total Employer Contribution and Match Rate

In 2016, AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES allocates $516,513.00 to match its employees' contributions, providing an employer match rate of 60.55% of their contributions

AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES Total Retirement Plan Asset Growth Rate

In 2016, the total retirement plan asset growth rate of AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES is 1.98%.

AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss

In 2016, the estimated aggregate retirement account investment gain/loss for AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES is 5.73%. This measures the effectiveness of the plan participants' investments in the year.

AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES Expense Ratio

In 2016, the investment and administrative expense ratio of AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID EMPLOYEES is 0.12%.

Enrollment Features

AMERICAN ZINC RECYCLING CORP RETIREMENT AND SAVINGS PLAN FOR HOURLY PAID 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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