NORA SYSTEMS, INC. RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 9 NORTHEASTERN BOULEVARD,SALEM,NH
  • Contact person: AMY OUELLETTE
  • Phone: (800) 336-5096

Plan General Information

NORA SYSTEMS, INC. RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2019, the total number of retirement plan participants in NORA SYSTEMS, INC. RETIREMENT SAVINGS PLAN is 158

NORA SYSTEMS, INC. RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2019, the estimated average employee contribution amount per participant for NORA SYSTEMS, INC. RETIREMENT SAVINGS PLAN is $14,404.00.

NORA SYSTEMS, INC. RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2019, the estimated average employer match for an employee in NORA SYSTEMS, INC. RETIREMENT SAVINGS PLAN is approximately $6,292.00
Investing in this additonal $6,292.00 for 20 years would give you extra $402,693.00, assuming a 10% annual return.

NORA SYSTEMS, INC. RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2019, NORA SYSTEMS, INC. RETIREMENT SAVINGS PLAN allocates $994,149.00 to match its employees' contributions, providing an employer match rate of 87.36% of their contributions

Enrollment Features

NORA SYSTEMS, INC. RETIREMENT 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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