RYTEC CORPORATION 401(K) SAVINGS PLAN

Plan Contact

  • Address: 1 CEDAR PARKWAY,JACKSON,WI
  • Contact person: CHRISTINA SOMMER
  • Phone: (262) 677-6105

Plan General Information

RYTEC CORPORATION 401(K) SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of RYTEC CORPORATION 401(K) SAVINGS PLAN is $28,501,327.00.This plan was established in 1986.

RYTEC CORPORATION 401(K) SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in RYTEC CORPORATION 401(K) SAVINGS PLAN is 312

RYTEC CORPORATION 401(K) SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for RYTEC CORPORATION 401(K) SAVINGS PLAN is $91,350.00

RYTEC CORPORATION 401(K) SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for RYTEC CORPORATION 401(K) SAVINGS PLAN is $5,864.00.

RYTEC CORPORATION 401(K) SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in RYTEC CORPORATION 401(K) SAVINGS PLAN is approximately $1,918.00
Investing in this additonal $1,918.00 for 20 years would give you extra $122,761.00, assuming a 10% annual return.

RYTEC CORPORATION 401(K) SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, RYTEC CORPORATION 401(K) SAVINGS PLAN allocates $598,462.00 to match its employees' contributions, providing an employer match rate of 36.31% of their contributions

RYTEC CORPORATION 401(K) SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of RYTEC CORPORATION 401(K) SAVINGS PLAN is 26.44%.

RYTEC CORPORATION 401(K) SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for RYTEC CORPORATION 401(K) SAVINGS PLAN is 19.93%. This measures the effectiveness of the plan participants' investments in the year.

RYTEC CORPORATION 401(K) SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of RYTEC CORPORATION 401(K) SAVINGS PLAN is 0.17%.

Enrollment Features

RYTEC CORPORATION 401(K) SAVINGS 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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