GRAND TRAVERSE CONTAINER, INC. 401(K) PLAN

  • Address: 1050 BUSINESS PARK DRIVE,TRAVERSE CITY,MI
  • Contact person: TANYA FLORES
  • Phone: (231) 946-1057

GRAND TRAVERSE CONTAINER, INC. 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.

At the end of 2022, the total retirement plan assets of GRAND TRAVERSE CONTAINER, INC. 401(K) PLAN is $8,718,637.00.This plan was established in 2006.

At the end of 2022, the total number of retirement plan participants in GRAND TRAVERSE CONTAINER, INC. 401(K) PLAN is 209

In 2022, the average participant retirement account value for GRAND TRAVERSE CONTAINER, INC. 401(K) PLAN is $41,715.00

In 2022, the estimated average employee contribution amount per participant for GRAND TRAVERSE CONTAINER, INC. 401(K) PLAN is $3,330.00

In 2022, the estimated average employer match for an employee in GRAND TRAVERSE CONTAINER, INC. 401(K) PLAN is approximately $1,795.00

In 2022, GRAND TRAVERSE CONTAINER, INC. 401(K) PLAN allocates $375,269.00 to match its employees' contributions, providing an employer match rate of 54.97% of their contributions

In 2022, the total retirement plan asset growth rate of GRAND TRAVERSE CONTAINER, INC. 401(K) PLAN is -7.60%

In 2022, the estimated aggregate retirement account investment gain/loss for GRAND TRAVERSE CONTAINER, INC. 401(K) PLAN is -12.27%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of GRAND TRAVERSE CONTAINER, INC. 401(K) PLAN is 0.04%.

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