OPUS PACKAGING GROUP, INC. 401(K) PROFIT SHARING PLAN

  • Address: 6995 SOUTHBELT DR,CALEDONIA,MI
  • Contact person: DONNY BAIRD
  • Phone: (419) 629-3200

OPUS PACKAGING GROUP, INC. 401(K) 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.

At the end of 2022, the total retirement plan assets of OPUS PACKAGING GROUP, INC. 401(K) PROFIT SHARING PLAN is $19,249,781.00.This plan was established in 1992.

At the end of 2022, the total number of retirement plan participants in OPUS PACKAGING GROUP, INC. 401(K) PROFIT SHARING PLAN is 679

In 2022, the average participant retirement account value for OPUS PACKAGING GROUP, INC. 401(K) PROFIT SHARING PLAN is $28,350.00

In 2022, the estimated average employee contribution amount per participant for OPUS PACKAGING GROUP, INC. 401(K) PROFIT SHARING PLAN is $4,323.00

In 2022, the estimated average employer match for an employee in OPUS PACKAGING GROUP, INC. 401(K) PROFIT SHARING PLAN is approximately $2,052.00

In 2022, OPUS PACKAGING GROUP, INC. 401(K) PROFIT SHARING PLAN allocates $1,393,790.00 to match its employees' contributions, providing an employer match rate of 58.41% of their contributions

In 2022, the total retirement plan asset growth rate of OPUS PACKAGING GROUP, INC. 401(K) PROFIT SHARING PLAN is 21.33%

In 2022, the estimated aggregate retirement account investment gain/loss for OPUS PACKAGING GROUP, INC. 401(K) PROFIT SHARING PLAN is -17.56%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of OPUS PACKAGING GROUP, INC. 401(K) PROFIT SHARING PLAN is 0.61%.

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