GENERAL SHEET METAL CO., INC. 401(K) PROFIT SHARING PLAN

  • Address: 29A SWORD ST,AUBURN,MA
  • Contact person: ALICE TOMASINO
  • Phone: (508) 754-7366

GENERAL SHEET METAL CO., INC. 401(K) PROFIT SHARING 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.

At the end of 2022, the total retirement plan assets of GENERAL SHEET METAL CO., INC. 401(K) PROFIT SHARING PLAN is $19,361,577.00.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in GENERAL SHEET METAL CO., INC. 401(K) PROFIT SHARING PLAN is 170

In 2022, the average participant retirement account value for GENERAL SHEET METAL CO., INC. 401(K) PROFIT SHARING PLAN is $113,891.00

In 2022, the estimated average employee contribution amount per participant for GENERAL SHEET METAL CO., INC. 401(K) PROFIT SHARING PLAN is $6,022.00

In 2022, the estimated average employer match for an employee in GENERAL SHEET METAL CO., INC. 401(K) PROFIT SHARING PLAN is approximately $3,353.00

In 2022, GENERAL SHEET METAL CO., INC. 401(K) PROFIT SHARING PLAN allocates $570,110.00 to match its employees' contributions, providing an employer match rate of 56.86% of their contributions

In 2022, the total retirement plan asset growth rate of GENERAL SHEET METAL CO., INC. 401(K) PROFIT SHARING PLAN is -11.70%

In 2022, the estimated aggregate retirement account investment gain/loss for GENERAL SHEET METAL CO., INC. 401(K) PROFIT SHARING PLAN is -14.27%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of GENERAL SHEET METAL CO., INC. 401(K) PROFIT SHARING PLAN is 0.33%.

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