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SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN

Plan Contact

  • Address: 11650 LAKESIDE CROSSING COURT,MARYLAND HEIGHTS,MO
  • Contact person: MARSHALL SCOTT
  • Phone: (314) 569-7400

Plan General Information

SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN is $100,673,200.00.This plan was established in 1985.

SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN is 1482

SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN is $67,930.00

SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN is $3,084.00.

SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN is approximately $1,517.00
Investing in this additonal $1,517.00 for 20 years would give you extra $97,115.00, assuming a 10% annual return.

SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN Total Employer Contribution and Match Rate

In 2023, SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN allocates $2,248,831.00 to match its employees' contributions, providing an employer match rate of 53.12% of their contributions

SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN is 12.80%.

SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN is 21.38%. This measures the effectiveness of the plan participants' investments in the year.

SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of SPARTECH LLC 401(K) SAVINGS & INVESTMENT PLAN is 0.16%.

Enrollment Features

SPARTECH LLC 401(K) SAVINGS & INVESTMENT 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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