FAIR-RITE PRODUCTS CORP. 401(K) PLAN
Plan Contact
- Address: ONE COMMERCIAL ROW PO BOX 288,WALLKILL,NY
- Contact person: CHRISTINE VAN DE MARK
- Phone: (845) 895-2055
Plan General Information
FAIR-RITE PRODUCTS CORP. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of FAIR-RITE PRODUCTS CORP. 401(K) PLAN is $11,696,527.00.This plan was established in 1995.
FAIR-RITE PRODUCTS CORP. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in FAIR-RITE PRODUCTS CORP. 401(K) PLAN is 133
FAIR-RITE PRODUCTS CORP. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for FAIR-RITE PRODUCTS CORP. 401(K) PLAN is $87,943.00
FAIR-RITE PRODUCTS CORP. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for FAIR-RITE PRODUCTS CORP. 401(K) PLAN is $6,016.00.
FAIR-RITE PRODUCTS CORP. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in FAIR-RITE PRODUCTS CORP. 401(K) PLAN is approximately $1,567.00
Investing in this additonal $1,567.00 for 20 years would give you extra $100,339.00, assuming a 10% annual return.
Investing in this additonal $1,567.00 for 20 years would give you extra $100,339.00, assuming a 10% annual return.
FAIR-RITE PRODUCTS CORP. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, FAIR-RITE PRODUCTS CORP. 401(K) PLAN allocates $208,517.00 to match its employees' contributions, providing an employer match rate of 27.84% of their contributions
FAIR-RITE PRODUCTS CORP. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of FAIR-RITE PRODUCTS CORP. 401(K) PLAN is 13.53%.
FAIR-RITE PRODUCTS CORP. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for FAIR-RITE PRODUCTS CORP. 401(K) PLAN is 13.93%. This measures the effectiveness of the plan participants' investments in the year.
FAIR-RITE PRODUCTS CORP. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of FAIR-RITE PRODUCTS CORP. 401(K) PLAN is 0.29%.
Enrollment Features
FAIR-RITE PRODUCTS CORP. 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.
Recent Articles
- February 2025 MyPlanIQ Portfolio Update
- Maximizing Your Savings & Investments: The Power of 1% Over Time
- Key Retirement Ages: Essential Milestones for 401(k), IRA, Solo 401(k), SEP IRA, Social Security & Medicare
- Dividend Income Investments: Benefits and Pitfalls
- Rule of Thumb: The 50/30/20 Budget Rule
- Option-Based Income Funds: Pros and Cons
- 9 Lessons From Retirees’ Biggest Retirement Regrets
- Top 15 ETFs for Self-Directed Brokerage Accounts or Brokerage Window in 401(k) Plans
- Top 15 Large Companies with the Highest Employer Match Rate per Employee
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more …
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 …) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more …
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this ‘lazy’ portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan …