KEN FORGING, INC. 401(K) RETIREMENT SAVINGS PLAN

  • Address: 1049 GRIGGS ROAD,JEFFERSON,OH
  • Contact person: STEVE KLUG
  • Phone: (440) 993-8091

KEN FORGING, INC. 401(K) RETIREMENT SAVINGS PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

At the end of 2021, the total retirement plan assets of KEN FORGING, INC. 401(K) RETIREMENT SAVINGS PLAN is $8,170,531.00.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in KEN FORGING, INC. 401(K) RETIREMENT SAVINGS PLAN is 168

In 2021, the average participant retirement account value for KEN FORGING, INC. 401(K) RETIREMENT SAVINGS PLAN is $48,634.00

In 2021, the estimated average employee contribution amount per participant for KEN FORGING, INC. 401(K) RETIREMENT SAVINGS PLAN is $1,393.00

In 2021, the estimated average employer match for an employee in KEN FORGING, INC. 401(K) RETIREMENT SAVINGS PLAN is approximately $852.00

In 2021, KEN FORGING, INC. 401(K) RETIREMENT SAVINGS PLAN allocates $143,278.00 to match its employees' contributions, providing an employer match rate of 61.20% of their contributions

In 2021, the total retirement plan asset growth rate of KEN FORGING, INC. 401(K) RETIREMENT SAVINGS PLAN is 18.46%

In 2021, the estimated aggregate retirement account investment gain/loss for KEN FORGING, INC. 401(K) RETIREMENT SAVINGS PLAN is 18.45%. This measures the effectiveness of the plan participants' investments in the year.

In 2021, the investment and administrative expense ratio of KEN FORGING, INC. 401(K) RETIREMENT SAVINGS PLAN is 0.01%.

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