PUTZMEISTER AMERICA, INC. 401(K) PLAN

  • Address: 1733 90TH STREET,STURTEVANT,WI
  • Contact person: JOANNE BAEHR
  • Phone: (262) 884-6381

PUTZMEISTER AMERICA, INC. 401(K) 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 PUTZMEISTER AMERICA, INC. 401(K) PLAN is $25,990,320.00.This plan was established in 1989.

At the end of 2022, the total number of retirement plan participants in PUTZMEISTER AMERICA, INC. 401(K) PLAN is 371

In 2022, the average participant retirement account value for PUTZMEISTER AMERICA, INC. 401(K) PLAN is $70,054.00

In 2022, the estimated average employee contribution amount per participant for PUTZMEISTER AMERICA, INC. 401(K) PLAN is $4,466.00

In 2022, the estimated average employer match for an employee in PUTZMEISTER AMERICA, INC. 401(K) PLAN is approximately $1,469.00

In 2022, PUTZMEISTER AMERICA, INC. 401(K) PLAN allocates $545,197.00 to match its employees' contributions, providing an employer match rate of 32.90% of their contributions

In 2022, the total retirement plan asset growth rate of PUTZMEISTER AMERICA, INC. 401(K) PLAN is -16.87%

In 2022, the estimated aggregate retirement account investment gain/loss for PUTZMEISTER AMERICA, INC. 401(K) PLAN is -16.56%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of PUTZMEISTER AMERICA, INC. 401(K) PLAN is 0.34%.

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