COOPER-STANDARD AUTOMOTIVE FHS NEWLEX HOURLY SAVINGS PLAN
Plan Contact
- Address: 40300 TRADITIONS DR.,NORTHVILLE,MI
- Contact person: AARON PRINCE
- Phone: (248) 596-5900
Plan General Information
COOPER-STANDARD AUTOMOTIVE FHS NEWLEX HOURLY SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2020, the total number of retirement plan participants in COOPER-STANDARD AUTOMOTIVE FHS NEWLEX HOURLY SAVINGS PLAN is 266
COOPER-STANDARD AUTOMOTIVE FHS NEWLEX HOURLY SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2020, the estimated average employee contribution amount per participant for COOPER-STANDARD AUTOMOTIVE FHS NEWLEX HOURLY SAVINGS PLAN is $149.00.
COOPER-STANDARD AUTOMOTIVE FHS NEWLEX HOURLY SAVINGS PLAN Estimated Average Employer Match
In 2020, the estimated average employer match for an employee in COOPER-STANDARD AUTOMOTIVE FHS NEWLEX HOURLY SAVINGS PLAN is approximately $49.00
Investing in this additonal $49.00 for 20 years would give you extra $3,166.00, assuming a 10% annual return.
Investing in this additonal $49.00 for 20 years would give you extra $3,166.00, assuming a 10% annual return.
COOPER-STANDARD AUTOMOTIVE FHS NEWLEX HOURLY SAVINGS PLAN Total Employer Contribution and Match Rate
In 2020, COOPER-STANDARD AUTOMOTIVE FHS NEWLEX HOURLY SAVINGS PLAN allocates $13,162.00 to match its employees' contributions, providing an employer match rate of 66.18% of their contributions
Enrollment Features
COOPER-STANDARD AUTOMOTIVE FHS NEWLEX HOURLY SAVINGS 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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