SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES
Plan Contact
- Address: 21600 OXNARD STREET, SUITE 1600,WOODLAND HILLS,CA
- Contact person: MARC BIGLIA
- Phone: (818) 348-3700
Plan General Information
SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is $244,984,569.00.This plan was established in 1993.
SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is 4476
SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Average Participant Retirement Account Value
In 2023, the average participant retirement account value for SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is $54,732.00
SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is $3,086.00.
SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is approximately $1,212.00
Investing in this additonal $1,212.00 for 20 years would give you extra $77,601.00, assuming a 10% annual return.
Investing in this additonal $1,212.00 for 20 years would give you extra $77,601.00, assuming a 10% annual return.
SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Total Employer Contribution and Match Rate
In 2023, SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES allocates $5,427,246.00 to match its employees' contributions, providing an employer match rate of 40.14% of their contributions
SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is 11.68%.
SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is 15.36%. This measures the effectiveness of the plan participants' investments in the year.
SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES Expense Ratio
In 2023, the investment and administrative expense ratio of SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES is 0.18%.
Enrollment Features
SILGAN RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES 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.
Recent Articles
- How to Take Advantage of Your ESPP (Employer Stock Purchase Plan)
- June 2025 MyPlanIQ Portfolio Update
- How to Benefit from Your ESPP (Employer Stock Purchase Plan)
- Simple 401(k) Investment Guide
- Why Actively Managed Bond Funds Outperform Index Funds More Often Than Stocks
- Income Growth, Historical 401(k) Contribution Limit Data
- How Much Should I Save for Retirement By Age? A Realistic Reference
- Historical Year-by-Year Annual 401(k) Contribution Limits
- Year-by-Year Income Levels in the U.S.
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more ...
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 ...) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more ...
Portfolio Calculator (Simulator)
Quickly enter fund allocation and get a back test result on the performance of this 'lazy' portfolio.
Customize Asset Allocation Portfolios
Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.
Retirement Calculator
See how much you can save for retirement.
Investment Calculator
Grow your wealth and see the power of compounding.
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan ...