RL CANNING INC. 401(K) PLAN
Plan Contact
- Address: 8700 W. BRYN MAWR,,CHICAGO,IL
- Contact person: ANNA RICHARDS
- Phone: (773) 693-1900
Plan General Information
RL CANNING INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of RL CANNING INC. 401(K) PLAN is $14,303,756.00.This plan was established in 2007.
RL CANNING INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in RL CANNING INC. 401(K) PLAN is 312
RL CANNING INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for RL CANNING INC. 401(K) PLAN is $45,845.00
RL CANNING INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for RL CANNING INC. 401(K) PLAN is $3,083.00.
RL CANNING INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in RL CANNING INC. 401(K) PLAN is approximately $1,442.00
Investing in this additonal $1,442.00 for 20 years would give you extra $92,317.00, assuming a 10% annual return.
Investing in this additonal $1,442.00 for 20 years would give you extra $92,317.00, assuming a 10% annual return.
RL CANNING INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, RL CANNING INC. 401(K) PLAN allocates $450,047.00 to match its employees' contributions, providing an employer match rate of 42.00% of their contributions
RL CANNING INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of RL CANNING INC. 401(K) PLAN is 26.14%.
RL CANNING INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for RL CANNING INC. 401(K) PLAN is 18.41%. This measures the effectiveness of the plan participants' investments in the year.
RL CANNING INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of RL CANNING INC. 401(K) PLAN is 0.27%.
Enrollment Features
RL CANNING 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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