ANCHOR COMPANIES 401(K) PROFIT SHARING RETIREMENT PLAN
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Plan General Information
ANCHOR COMPANIES 401(K) PROFIT SHARING RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2015, the total number of retirement plan participants in ANCHOR COMPANIES 401(K) PROFIT SHARING RETIREMENT PLAN is 116
ANCHOR COMPANIES 401(K) PROFIT SHARING RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2015, the estimated average employee contribution amount per participant for ANCHOR COMPANIES 401(K) PROFIT SHARING RETIREMENT PLAN is $9,714.00.
ANCHOR COMPANIES 401(K) PROFIT SHARING RETIREMENT PLAN Estimated Average Employer Match
In 2015, the estimated average employer match for an employee in ANCHOR COMPANIES 401(K) PROFIT SHARING RETIREMENT PLAN is approximately $1,043.00
Investing in this additonal $1,043.00 for 20 years would give you extra $66,753.00, assuming a 10% annual return.
Investing in this additonal $1,043.00 for 20 years would give you extra $66,753.00, assuming a 10% annual return.
ANCHOR COMPANIES 401(K) PROFIT SHARING RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2015, ANCHOR COMPANIES 401(K) PROFIT SHARING RETIREMENT PLAN allocates $120,991.00 to match its employees' contributions, providing an employer match rate of 21.47% of their contributions
Enrollment Features
ANCHOR COMPANIES 401(K) PROFIT SHARING RETIREMENT PLAN 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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