LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN

Plan Contact

  • Address: 8911 102ND ST,PLEASANT PRAIRIE,WI
  • Contact person: MARK HOLMES
  • Phone: (262) 925-8183

Plan General Information

LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN is $3,031,184.00.This plan was established in 1987.

LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN is 206

LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN is $14,714.00

LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN is $3,036.00.

LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN is approximately $621.00
Investing in this additonal $621.00 for 20 years would give you extra $39,766.00, assuming a 10% annual return.

LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN allocates $127,997.00 to match its employees' contributions, providing an employer match rate of 40.92% of their contributions

LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN is 6.13%.

LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN is 20.28%. This measures the effectiveness of the plan participants' investments in the year.

LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of LMI PACKAGING SOLUTIONS INC. EMPLOYEE SAVINGS PLAN is 0.63%.

Enrollment Features

LMI PACKAGING SOLUTIONS INC. EMPLOYEE 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.


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