GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP

Plan Contact

  • Contact person: MS. CRISTINE DICAPRIO
  • Phone: (518) 798-9511

Plan General Information

GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP Total Retirement Plan Assets

At the end of 2008, the total retirement plan assets of GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP is $11,321,887.00.This plan was established in 1980.

GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP Total Number of Retirement Plan Participants

At the end of 2008, the total number of retirement plan participants in GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP is 541

GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP Average Participant Retirement Account Value

In 2008, the average participant retirement account value for GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP is $20,927.00

GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP Estimated Average Employee Contribution Amount

In 2008, the estimated average employee contribution amount per participant for GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP is $3,601.00.

GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP Estimated Average Employer Match

In 2008, the estimated average employer match for an employee in GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP is approximately $1,048.00
Investing in this additonal $1,048.00 for 20 years would give you extra $67,125.00, assuming a 10% annual return.

GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP Total Employer Contribution and Match Rate

In 2008, GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP allocates $567,423.00 to match its employees' contributions, providing an employer match rate of 58.24% of their contributions

GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP Total Retirement Plan Asset Growth Rate

In 2008, the total retirement plan asset growth rate of GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP is 10.29%.

GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP Estimated Aggregate Retirement Account Investment Gain/Loss

In 2008, the estimated aggregate retirement account investment gain/loss for GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP is -8.29%. This measures the effectiveness of the plan participants' investments in the year.

GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP Expense Ratio

In 2008, the investment and administrative expense ratio of GENPAK RETIREMENT INCOME PLAN FOR HOURLY-PAID EMP is 0.10%.

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