MAX PACKAGING 401K PLAN
Plan Contact
- Address: 109 6TH AVENUE, N.W.,ATTALLA,AL
- Contact person: PAM GRIFFITH
- Phone: (256) 538-2233
Plan General Information
MAX PACKAGING 401K PLAN Total Retirement Plan Assets
At the end of 2021, the total retirement plan assets of MAX PACKAGING 401K PLAN is $2,690,204.00.This plan was established in 1989.
MAX PACKAGING 401K PLAN Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in MAX PACKAGING 401K PLAN is 99
MAX PACKAGING 401K PLAN Average Participant Retirement Account Value
In 2021, the average participant retirement account value for MAX PACKAGING 401K PLAN is $27,173.00
MAX PACKAGING 401K PLAN Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for MAX PACKAGING 401K PLAN is $2,397.00.
MAX PACKAGING 401K PLAN Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in MAX PACKAGING 401K PLAN is approximately $240.00
Investing in this additonal $240.00 for 20 years would give you extra $15,381.00, assuming a 10% annual return.
Investing in this additonal $240.00 for 20 years would give you extra $15,381.00, assuming a 10% annual return.
MAX PACKAGING 401K PLAN Total Employer Contribution and Match Rate
In 2021, MAX PACKAGING 401K PLAN allocates $23,794.00 to match its employees' contributions, providing an employer match rate of 20.05% of their contributions
MAX PACKAGING 401K PLAN Total Retirement Plan Asset Growth Rate
In 2021, the total retirement plan asset growth rate of MAX PACKAGING 401K PLAN is 21.73%.
MAX PACKAGING 401K PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2021, the estimated aggregate retirement account investment gain/loss for MAX PACKAGING 401K PLAN is 24.64%. This measures the effectiveness of the plan participants' investments in the year.
MAX PACKAGING 401K PLAN Expense Ratio
In 2021, the investment and administrative expense ratio of MAX PACKAGING 401K PLAN is 0.28%.
Enrollment Features
MAX PACKAGING 401K 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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