HAMMER PACKAGING CORPORATION DEFERRED PROFIT SHARING & RETIREMENT SAVINGS PLAN

  • Address: 200 LUCIUS GORDON DRIVE,WEST HENRIETTA,NY
  • Contact person: MICHAEL DIBOWSKI
  • Phone: (585) 424-3880

HAMMER PACKAGING CORPORATION DEFERRED PROFIT SHARING & RETIREMENT SAVINGS 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 HAMMER PACKAGING CORPORATION DEFERRED PROFIT SHARING & RETIREMENT SAVINGS PLAN is $30,076,118.00.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in HAMMER PACKAGING CORPORATION DEFERRED PROFIT SHARING & RETIREMENT SAVINGS PLAN is 199

In 2022, the average participant retirement account value for HAMMER PACKAGING CORPORATION DEFERRED PROFIT SHARING & RETIREMENT SAVINGS PLAN is $151,136.00

In 2022, the estimated average employee contribution amount per participant for HAMMER PACKAGING CORPORATION DEFERRED PROFIT SHARING & RETIREMENT SAVINGS PLAN is $4,553.00

In 2022, the estimated average employer match for an employee in HAMMER PACKAGING CORPORATION DEFERRED PROFIT SHARING & RETIREMENT SAVINGS PLAN is approximately $885.00

In 2022, HAMMER PACKAGING CORPORATION DEFERRED PROFIT SHARING & RETIREMENT SAVINGS PLAN allocates $176,305.00 to match its employees' contributions, providing an employer match rate of 19.71% of their contributions

In 2022, the total retirement plan asset growth rate of HAMMER PACKAGING CORPORATION DEFERRED PROFIT SHARING & RETIREMENT SAVINGS PLAN is 0.00%

In 2022, the estimated aggregate retirement account investment gain/loss for HAMMER PACKAGING CORPORATION DEFERRED PROFIT SHARING & RETIREMENT SAVINGS PLAN is 10.78%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of HAMMER PACKAGING CORPORATION DEFERRED PROFIT SHARING & RETIREMENT SAVINGS PLAN is 0.06%.

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