MATERIAL SCIENCES CORPORATION SAVINGS AND INVESTMENT PLAN

  • Address: 2250 E. PRATT BLVD.,ELK GROVE VILLAGE,IL
  • Contact person: JULIE JOSEPH
  • Phone: (847) 439-2210

MATERIAL SCIENCES CORPORATION SAVINGS AND INVESTMENT 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.

At the end of 2022, the total retirement plan assets of MATERIAL SCIENCES CORPORATION SAVINGS AND INVESTMENT PLAN is $47,285,026.00.This plan was established in 1976.

At the end of 2022, the total number of retirement plan participants in MATERIAL SCIENCES CORPORATION SAVINGS AND INVESTMENT PLAN is 451

In 2022, the average participant retirement account value for MATERIAL SCIENCES CORPORATION SAVINGS AND INVESTMENT PLAN is $104,844.00

In 2022, the estimated average employee contribution amount per participant for MATERIAL SCIENCES CORPORATION SAVINGS AND INVESTMENT PLAN is $3,969.00

In 2022, the estimated average employer match for an employee in MATERIAL SCIENCES CORPORATION SAVINGS AND INVESTMENT PLAN is approximately $1,295.00

In 2022, MATERIAL SCIENCES CORPORATION SAVINGS AND INVESTMENT PLAN allocates $584,070.00 to match its employees' contributions, providing an employer match rate of 33.18% of their contributions

In 2022, the total retirement plan asset growth rate of MATERIAL SCIENCES CORPORATION SAVINGS AND INVESTMENT PLAN is -25.52%

In 2022, the estimated aggregate retirement account investment gain/loss for MATERIAL SCIENCES CORPORATION SAVINGS AND INVESTMENT PLAN is -13.93%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of MATERIAL SCIENCES CORPORATION SAVINGS AND INVESTMENT PLAN is 0.22%.

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