BOREAS HOLDINGS, INC. 401(K) SAVINGS PLAN
Plan Contact
- Address: 175 AMMON DR,MANCHESTER,NH
- Contact person: JEFF MCDOWALL
- Phone: (603) 647-1717
Plan General Information
BOREAS HOLDINGS, INC. 401(K) SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2017, the total number of retirement plan participants in BOREAS HOLDINGS, INC. 401(K) SAVINGS PLAN is 1049
BOREAS HOLDINGS, INC. 401(K) SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2017, the estimated average employee contribution amount per participant for BOREAS HOLDINGS, INC. 401(K) SAVINGS PLAN is $602.00.
BOREAS HOLDINGS, INC. 401(K) SAVINGS PLAN Estimated Average Employer Match
In 2017, the estimated average employer match for an employee in BOREAS HOLDINGS, INC. 401(K) SAVINGS PLAN is approximately $103.00
Investing in this additonal $103.00 for 20 years would give you extra $6,647.00, assuming a 10% annual return.
Investing in this additonal $103.00 for 20 years would give you extra $6,647.00, assuming a 10% annual return.
BOREAS HOLDINGS, INC. 401(K) SAVINGS PLAN Total Employer Contribution and Match Rate
In 2017, BOREAS HOLDINGS, INC. 401(K) SAVINGS PLAN allocates $108,963.00 to match its employees' contributions, providing an employer match rate of 34.47% of their contributions
Enrollment Features
BOREAS HOLDINGS, INC. 401(K) SAVINGS 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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