HUTCHINSON MANUFACTURING, INC. TAX DEFERRED SAVING

Plan Contact

  • Address: P.O. BOX 487,HUTCHINSON,MN
  • Contact person: JODI J JUSTICE
  • Phone: (320) 587-4653

Plan General Information

HUTCHINSON MANUFACTURING, INC. TAX DEFERRED SAVING Total Number of Retirement Plan Participants

At the end of 2019, the total number of retirement plan participants in HUTCHINSON MANUFACTURING, INC. TAX DEFERRED SAVING is 199

HUTCHINSON MANUFACTURING, INC. TAX DEFERRED SAVING Estimated Average Employee Contribution Amount

In 2019, the estimated average employee contribution amount per participant for HUTCHINSON MANUFACTURING, INC. TAX DEFERRED SAVING is $2,498.00.

HUTCHINSON MANUFACTURING, INC. TAX DEFERRED SAVING Estimated Average Employer Match

In 2019, the estimated average employer match for an employee in HUTCHINSON MANUFACTURING, INC. TAX DEFERRED SAVING is approximately $302.00
Investing in this additonal $302.00 for 20 years would give you extra $19,357.00, assuming a 10% annual return.

HUTCHINSON MANUFACTURING, INC. TAX DEFERRED SAVING Total Employer Contribution and Match Rate

In 2019, HUTCHINSON MANUFACTURING, INC. TAX DEFERRED SAVING allocates $60,189.00 to match its employees' contributions, providing an employer match rate of 24.21% of their contributions

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