SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN
Plan Contact
- Address: 60 FAIRVIEW CHURCH RD,SPARTANBURG,SC
- Contact person: DALE KATT
- Phone: (864) 253-4049
Plan General Information
SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN Total Retirement Plan Assets
At the end of 2021, the total retirement plan assets of SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN is $16,220,427.00.This plan was established in 2022.
SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN is 375
SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN Average Participant Retirement Account Value
In 2021, the average participant retirement account value for SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN is $43,254.00
SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN is $2,345.00.
SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN is approximately $575.00
Investing in this additonal $575.00 for 20 years would give you extra $36,860.00, assuming a 10% annual return.
Investing in this additonal $575.00 for 20 years would give you extra $36,860.00, assuming a 10% annual return.
SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN Total Employer Contribution and Match Rate
In 2021, SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN allocates $215,981.00 to match its employees' contributions, providing an employer match rate of 24.56% of their contributions
SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2021, the total retirement plan asset growth rate of SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN is 4.85%.
SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2021, the estimated aggregate retirement account investment gain/loss for SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN is 13.53%. This measures the effectiveness of the plan participants' investments in the year.
SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN Expense Ratio
In 2021, the investment and administrative expense ratio of SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. SAVINGS PLAN is 0.24%.
Enrollment Features
SOUTHLAND CONTAINER CORP. D/B/A CONCEPT PACKAGING GROUP 401(K) RET. 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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