MAINES PAPER & FOOD SERVICE INC. 401(K) SAVINGS AND PROFIT SHARING PLAN

Plan Contact

  • Address: 101 BROOME CORPORATE PARKWAY,CONKLIN,NY
  • Contact person: BRAD BOE
  • Phone: (607) 772-1936

Plan General Information

MAINES PAPER & FOOD SERVICE INC. 401(K) SAVINGS AND PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in MAINES PAPER & FOOD SERVICE INC. 401(K) SAVINGS AND PROFIT SHARING PLAN is 3068

MAINES PAPER & FOOD SERVICE INC. 401(K) SAVINGS AND PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for MAINES PAPER & FOOD SERVICE INC. 401(K) SAVINGS AND PROFIT SHARING PLAN is $1,288.00.

MAINES PAPER & FOOD SERVICE INC. 401(K) SAVINGS AND PROFIT SHARING PLAN Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in MAINES PAPER & FOOD SERVICE INC. 401(K) SAVINGS AND PROFIT SHARING PLAN is approximately $128.00
Investing in this additonal $128.00 for 20 years would give you extra $8,202.00, assuming a 10% annual return.

MAINES PAPER & FOOD SERVICE INC. 401(K) SAVINGS AND PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2020, MAINES PAPER & FOOD SERVICE INC. 401(K) SAVINGS AND PROFIT SHARING PLAN allocates $393,187.00 to match its employees' contributions, providing an employer match rate of 19.89% of their contributions

Enrollment Features

MAINES PAPER & FOOD SERVICE INC. 401(K) SAVINGS AND PROFIT SHARING PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.


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