CONTINENTAL GLOBAL MATERIAL HANDLING FACTORY EMPLOYEES' 401(K) PLAN

  • Address: 438 INDUSTRIAL DRIVE,WINFIELD,AL
  • Contact person: SHIRLEY HORNER
  • Phone: (205) 487-1970

CONTINENTAL GLOBAL MATERIAL HANDLING FACTORY EMPLOYEES' 401(K) 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 CONTINENTAL GLOBAL MATERIAL HANDLING FACTORY EMPLOYEES' 401(K) PLAN is $1,889,942.00.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in CONTINENTAL GLOBAL MATERIAL HANDLING FACTORY EMPLOYEES' 401(K) PLAN is 116

In 2021, the average participant retirement account value for CONTINENTAL GLOBAL MATERIAL HANDLING FACTORY EMPLOYEES' 401(K) PLAN is $16,292.00

In 2021, the estimated average employee contribution amount per participant for CONTINENTAL GLOBAL MATERIAL HANDLING FACTORY EMPLOYEES' 401(K) PLAN is $1,589.00

In 2021, the estimated average employer match for an employee in CONTINENTAL GLOBAL MATERIAL HANDLING FACTORY EMPLOYEES' 401(K) PLAN is approximately $2,185.00

In 2021, CONTINENTAL GLOBAL MATERIAL HANDLING FACTORY EMPLOYEES' 401(K) PLAN allocates $253,524.00 to match its employees' contributions, providing an employer match rate of 137.48% of their contributions

In 2021, the investment and administrative expense ratio of CONTINENTAL GLOBAL MATERIAL HANDLING FACTORY EMPLOYEES' 401(K) PLAN is 0.19%.

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