HAMMER PACKAGING CORP. RETIREMENT SAVING PLAN FOR UNION EMPLOYEES

Plan Contact

  • Address: 200 LUCIUS GORDON DRIVE,WEST HENRIETTA,NY
  • Contact person: CHRISTOPHER F. WIESER
  • Phone: (585) 424-3880

Plan General Information

HAMMER PACKAGING CORP. RETIREMENT SAVING PLAN FOR UNION EMPLOYEES Total Retirement Plan Assets

At the end of 2014, the total retirement plan assets of HAMMER PACKAGING CORP. RETIREMENT SAVING PLAN FOR UNION EMPLOYEES is $5,134,146.00.This plan was established in 2014.

HAMMER PACKAGING CORP. RETIREMENT SAVING PLAN FOR UNION EMPLOYEES Total Number of Retirement Plan Participants

At the end of 2014, the total number of retirement plan participants in HAMMER PACKAGING CORP. RETIREMENT SAVING PLAN FOR UNION EMPLOYEES is 289

HAMMER PACKAGING CORP. RETIREMENT SAVING PLAN FOR UNION EMPLOYEES Average Participant Retirement Account Value

In 2014, the average participant retirement account value for HAMMER PACKAGING CORP. RETIREMENT SAVING PLAN FOR UNION EMPLOYEES is $17,765.00

HAMMER PACKAGING CORP. RETIREMENT SAVING PLAN FOR UNION EMPLOYEES Estimated Average Employee Contribution Amount

In 2014, the estimated average employee contribution amount per participant for HAMMER PACKAGING CORP. RETIREMENT SAVING PLAN FOR UNION EMPLOYEES is $2,603.00.

HAMMER PACKAGING CORP. RETIREMENT SAVING PLAN FOR UNION EMPLOYEES Estimated Average Employer Match

In 2014, the estimated average employer match for an employee in HAMMER PACKAGING CORP. RETIREMENT SAVING PLAN FOR UNION EMPLOYEES is approximately $1,269.00
Investing in this additonal $1,269.00 for 20 years would give you extra $81,248.00, assuming a 10% annual return.

HAMMER PACKAGING CORP. RETIREMENT SAVING PLAN FOR UNION EMPLOYEES Total Employer Contribution and Match Rate

In 2014, HAMMER PACKAGING CORP. RETIREMENT SAVING PLAN FOR UNION EMPLOYEES allocates $366,890.00 to match its employees' contributions, providing an employer match rate of 97.51% of their contributions

HAMMER PACKAGING CORP. RETIREMENT SAVING PLAN FOR UNION EMPLOYEES Expense Ratio

In 2014, the investment and administrative expense ratio of HAMMER PACKAGING CORP. RETIREMENT SAVING PLAN FOR UNION EMPLOYEES is 0.80%.

Enrollment Features

HAMMER PACKAGING CORP. RETIREMENT SAVING PLAN FOR UNION EMPLOYEES 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.

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