MCCLARIN PLASTICS, LLC CASH OR DEFERRED PROFIT SHARING PLAN

Plan Contact

  • Address: 15 INDUSTRIAL DRIVE,HANOVER,PA
  • Contact person: MICHAEL GROMACKI
  • Phone: (717) 637-2241

Plan General Information

MCCLARIN PLASTICS, LLC CASH OR DEFERRED PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MCCLARIN PLASTICS, LLC CASH OR DEFERRED PROFIT SHARING PLAN is $8,546,556.00.This plan was established in 1967.

MCCLARIN PLASTICS, LLC CASH OR DEFERRED PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MCCLARIN PLASTICS, LLC CASH OR DEFERRED PROFIT SHARING PLAN is 502

MCCLARIN PLASTICS, LLC CASH OR DEFERRED PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MCCLARIN PLASTICS, LLC CASH OR DEFERRED PROFIT SHARING PLAN is $17,025.00

MCCLARIN PLASTICS, LLC CASH OR DEFERRED PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MCCLARIN PLASTICS, LLC CASH OR DEFERRED PROFIT SHARING PLAN is $1,401.00.

MCCLARIN PLASTICS, LLC CASH OR DEFERRED PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MCCLARIN PLASTICS, LLC CASH OR DEFERRED PROFIT SHARING PLAN is 0.94%.

MCCLARIN PLASTICS, LLC CASH OR DEFERRED PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MCCLARIN PLASTICS, LLC CASH OR DEFERRED PROFIT SHARING PLAN is 16.47%. This measures the effectiveness of the plan participants' investments in the year.

MCCLARIN PLASTICS, LLC CASH OR DEFERRED PROFIT SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MCCLARIN PLASTICS, LLC CASH OR DEFERRED PROFIT SHARING PLAN is 0.83%.

Enrollment Features

MCCLARIN PLASTICS, LLC CASH OR DEFERRED PROFIT SHARING 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.

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