POLAMER PRECISION INC 401(K) PLAN

Plan Contact

  • Address: 105 ALTON BROOKS WAY,NEW BRITAIN,CT
  • Phone: (860) 259-6200

Plan General Information

POLAMER PRECISION INC 401(K) PLAN Total Retirement Plan Assets

At the end of 2019, the total retirement plan assets of POLAMER PRECISION INC 401(K) PLAN is $5,174,079.00.This plan was established in 2006.

POLAMER PRECISION INC 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2019, the total number of retirement plan participants in POLAMER PRECISION INC 401(K) PLAN is 260

POLAMER PRECISION INC 401(K) PLAN Average Participant Retirement Account Value

In 2019, the average participant retirement account value for POLAMER PRECISION INC 401(K) PLAN is $19,900.00

POLAMER PRECISION INC 401(K) PLAN Estimated Average Employee Contribution Amount

In 2019, the estimated average employee contribution amount per participant for POLAMER PRECISION INC 401(K) PLAN is $4,948.00.

POLAMER PRECISION INC 401(K) PLAN Estimated Average Employer Match

In 2019, the estimated average employer match for an employee in POLAMER PRECISION INC 401(K) PLAN is approximately $1,743.00
Investing in this additonal $1,743.00 for 20 years would give you extra $111,598.00, assuming a 10% annual return.

POLAMER PRECISION INC 401(K) PLAN Total Employer Contribution and Match Rate

In 2019, POLAMER PRECISION INC 401(K) PLAN allocates $453,369.00 to match its employees' contributions, providing an employer match rate of 70.48% of their contributions

POLAMER PRECISION INC 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2019, the total retirement plan asset growth rate of POLAMER PRECISION INC 401(K) PLAN is 20.13%.

POLAMER PRECISION INC 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2019, the estimated aggregate retirement account investment gain/loss for POLAMER PRECISION INC 401(K) PLAN is 1.71%. This measures the effectiveness of the plan participants' investments in the year.

POLAMER PRECISION INC 401(K) PLAN Expense Ratio

In 2019, the investment and administrative expense ratio of POLAMER PRECISION INC 401(K) PLAN is 0.11%.

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