WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES

Plan Contact

  • Address: 113 CEDAR STREET,AKRON,NY
  • Contact person: CRAIG GAUME
  • Phone: (716) 542-5427

Plan General Information

WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES is $7,343,656.00.This plan was established in 2013.

WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES is 284

WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES Average Participant Retirement Account Value

In 2023, the average participant retirement account value for WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES is $25,857.00

WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES is $1,785.00.

WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES is approximately $1,399.00
Investing in this additonal $1,399.00 for 20 years would give you extra $89,546.00, assuming a 10% annual return.

WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES Total Employer Contribution and Match Rate

In 2023, WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES allocates $397,362.00 to match its employees' contributions, providing an employer match rate of 69.31% of their contributions

WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES is 18.82%.

WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES is 12.91%. This measures the effectiveness of the plan participants' investments in the year.

WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES Expense Ratio

In 2023, the investment and administrative expense ratio of WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES is 0.44%.

Enrollment Features

WHITING DOOR MANUFACTURING CORP. 401(K) RETIREMENT PLAN FOR BARGAINING UNIT 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.

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