GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE

Plan Contact

  • Address: 96 SOUTH GEORGE STREET,YORK,PA
  • Phone: (717) 225-4711

Plan General Information

GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE Total Retirement Plan Assets

At the end of 2016, the total retirement plan assets of GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE is $93,882,108.00.This plan was established in 1980.

GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE Total Number of Retirement Plan Participants

At the end of 2016, the total number of retirement plan participants in GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE is 1526

GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE Average Participant Retirement Account Value

In 2016, the average participant retirement account value for GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE is $61,521.00

GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE Estimated Average Employee Contribution Amount

In 2016, the estimated average employee contribution amount per participant for GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE is $7,682.00.

GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE Estimated Average Employer Match

In 2016, the estimated average employer match for an employee in GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE is approximately $893.00
Investing in this additonal $893.00 for 20 years would give you extra $57,198.00, assuming a 10% annual return.

GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE Total Employer Contribution and Match Rate

In 2016, GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE allocates $1,363,833.00 to match its employees' contributions, providing an employer match rate of 23.27% of their contributions

GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE Total Retirement Plan Asset Growth Rate

In 2016, the total retirement plan asset growth rate of GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE is 10.20%.

GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE Estimated Aggregate Retirement Account Investment Gain/Loss

In 2016, the estimated aggregate retirement account investment gain/loss for GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE is 8.71%. This measures the effectiveness of the plan participants' investments in the year.

GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE Expense Ratio

In 2016, the investment and administrative expense ratio of GLATFELTER 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEE is 0.01%.

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