COLE-PARMER INSTRUMENT COMPANY 401(K) RETIREMENT PLAN

  • Address: 625 EAST BUNKER COURT,VERNON HILLS,IL
  • Contact person: PRESTON TRAVERSE
  • Phone: (800) 323-4340

COLE-PARMER INSTRUMENT COMPANY 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.

At the end of 2021, the total retirement plan assets of COLE-PARMER INSTRUMENT COMPANY 401(K) RETIREMENT PLAN is $57,527,535.00.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in COLE-PARMER INSTRUMENT COMPANY 401(K) RETIREMENT PLAN is 825

In 2021, the average participant retirement account value for COLE-PARMER INSTRUMENT COMPANY 401(K) RETIREMENT PLAN is $69,730.00

In 2021, the estimated average employee contribution amount per participant for COLE-PARMER INSTRUMENT COMPANY 401(K) RETIREMENT PLAN is $5,604.00

In 2021, the estimated average employer match for an employee in COLE-PARMER INSTRUMENT COMPANY 401(K) RETIREMENT PLAN is approximately $1,456.00

In 2021, COLE-PARMER INSTRUMENT COMPANY 401(K) RETIREMENT PLAN allocates $1,201,386.00 to match its employees' contributions, providing an employer match rate of 25.98% of their contributions

In 2021, the total retirement plan asset growth rate of COLE-PARMER INSTRUMENT COMPANY 401(K) RETIREMENT PLAN is 3.28%

In 2021, the estimated aggregate retirement account investment gain/loss for COLE-PARMER INSTRUMENT COMPANY 401(K) RETIREMENT PLAN is 13.30%. This measures the effectiveness of the plan participants' investments in the year.

In 2021, the investment and administrative expense ratio of COLE-PARMER INSTRUMENT COMPANY 401(K) RETIREMENT PLAN is 0.52%.

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