KAYDON CORPORATION EMPLOYEE STOCK OWNERSHIP AND THRIFT PLAN

Plan Contact

  • Address: 2723 SOUTH STATE STREET,,ANN ARBOR,MI
  • Contact person: RAYMOND EAMES
  • Phone: (734) 680-2000

Plan General Information

KAYDON CORPORATION EMPLOYEE STOCK OWNERSHIP AND THRIFT PLAN Total Number of Retirement Plan Participants

At the end of 2016, the total number of retirement plan participants in KAYDON CORPORATION EMPLOYEE STOCK OWNERSHIP AND THRIFT PLAN is 1347

KAYDON CORPORATION EMPLOYEE STOCK OWNERSHIP AND THRIFT PLAN Estimated Average Employee Contribution Amount

In 2016, the estimated average employee contribution amount per participant for KAYDON CORPORATION EMPLOYEE STOCK OWNERSHIP AND THRIFT PLAN is $4,991.00.

KAYDON CORPORATION EMPLOYEE STOCK OWNERSHIP AND THRIFT PLAN Estimated Average Employer Match

In 2016, the estimated average employer match for an employee in KAYDON CORPORATION EMPLOYEE STOCK OWNERSHIP AND THRIFT PLAN is approximately $516.00
Investing in this additonal $516.00 for 20 years would give you extra $33,058.00, assuming a 10% annual return.

KAYDON CORPORATION EMPLOYEE STOCK OWNERSHIP AND THRIFT PLAN Total Employer Contribution and Match Rate

In 2016, KAYDON CORPORATION EMPLOYEE STOCK OWNERSHIP AND THRIFT PLAN allocates $695,772.00 to match its employees' contributions, providing an employer match rate of 20.69% of their contributions

Enrollment Features

KAYDON CORPORATION EMPLOYEE STOCK OWNERSHIP AND THRIFT 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.


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