PERBIX MACHINE CO., INC. 401(K) PLAN
Plan Contact
- Address: 9405 WINNETKA AVENUE N,BROOKLYN PARK,MN
- Contact person: BILL PICHE
- Phone: (763) 546-7122
Plan General Information
PERBIX MACHINE CO., INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2017, the total number of retirement plan participants in PERBIX MACHINE CO., INC. 401(K) PLAN is 144
PERBIX MACHINE CO., INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2017, the estimated average employee contribution amount per participant for PERBIX MACHINE CO., INC. 401(K) PLAN is $5,879.00.
PERBIX MACHINE CO., INC. 401(K) PLAN Estimated Average Employer Match
In 2017, the estimated average employer match for an employee in PERBIX MACHINE CO., INC. 401(K) PLAN is approximately $554.00
Investing in this additonal $554.00 for 20 years would give you extra $35,470.00, assuming a 10% annual return.
Investing in this additonal $554.00 for 20 years would give you extra $35,470.00, assuming a 10% annual return.
PERBIX MACHINE CO., INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2017, PERBIX MACHINE CO., INC. 401(K) PLAN allocates $79,808.00 to match its employees' contributions, providing an employer match rate of 18.85% of their contributions
Enrollment Features
PERBIX MACHINE CO., INC. 401(K) 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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