RAM TOOL & SUPPLY COMPANY, INC. 401(K) PROFIT SHARING PLAN
Plan Contact
- Address: 4500 5TH AVE SOUTH,,BIRMINGHAM,AL
- Contact person: ELIZABETH MALKIN
- Phone: (205) 599-7049
Plan General Information
RAM TOOL & SUPPLY COMPANY, INC. 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in RAM TOOL & SUPPLY COMPANY, INC. 401(K) PROFIT SHARING PLAN is 1910
RAM TOOL & SUPPLY COMPANY, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for RAM TOOL & SUPPLY COMPANY, INC. 401(K) PROFIT SHARING PLAN is $3,728.00.
RAM TOOL & SUPPLY COMPANY, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in RAM TOOL & SUPPLY COMPANY, INC. 401(K) PROFIT SHARING PLAN is approximately $0.00
Investing in this additonal $0.00 for 20 years would give you extra $38.00, assuming a 10% annual return.
Investing in this additonal $0.00 for 20 years would give you extra $38.00, assuming a 10% annual return.
RAM TOOL & SUPPLY COMPANY, INC. 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2022, RAM TOOL & SUPPLY COMPANY, INC. 401(K) PROFIT SHARING PLAN allocates $1,149.00 to match its employees' contributions, providing an employer match rate of 0.02% of their contributions
Enrollment Features
RAM TOOL & SUPPLY COMPANY, 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.
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