BEKAERT TEXTILES USA, INC. 401(K) RETIREMENT PLAN
Plan Contact
- Address: 240 BUSINESS PARK DRIVE,WINSTON-SALEM,NC
- Contact person: JENNIFER ALLAN
- Phone: (336) 747-4918
Plan General Information
BEKAERT TEXTILES USA, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2015, the total retirement plan assets of BEKAERT TEXTILES USA, INC. 401(K) RETIREMENT PLAN is $6,319,856.00.This plan was established in 2015.
BEKAERT TEXTILES USA, INC. 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2015, the total number of retirement plan participants in BEKAERT TEXTILES USA, INC. 401(K) RETIREMENT PLAN is 226
BEKAERT TEXTILES USA, INC. 401(K) RETIREMENT PLAN Average Participant Retirement Account Value
In 2015, the average participant retirement account value for BEKAERT TEXTILES USA, INC. 401(K) RETIREMENT PLAN is $27,963.00
BEKAERT TEXTILES USA, INC. 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2015, the estimated average employee contribution amount per participant for BEKAERT TEXTILES USA, INC. 401(K) RETIREMENT PLAN is $1,624.00.
BEKAERT TEXTILES USA, INC. 401(K) RETIREMENT PLAN Estimated Average Employer Match
In 2015, the estimated average employer match for an employee in BEKAERT TEXTILES USA, INC. 401(K) RETIREMENT PLAN is approximately $297.00
Investing in this additonal $297.00 for 20 years would give you extra $19,066.00, assuming a 10% annual return.
Investing in this additonal $297.00 for 20 years would give you extra $19,066.00, assuming a 10% annual return.
BEKAERT TEXTILES USA, INC. 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2015, BEKAERT TEXTILES USA, INC. 401(K) RETIREMENT PLAN allocates $67,328.00 to match its employees' contributions, providing an employer match rate of 36.67% of their contributions
BEKAERT TEXTILES USA, INC. 401(K) RETIREMENT PLAN Expense Ratio
In 2015, the investment and administrative expense ratio of BEKAERT TEXTILES USA, INC. 401(K) RETIREMENT PLAN is 0.17%.
Enrollment Features
BEKAERT TEXTILES USA, INC. 401(K) 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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