FAS-PAK, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 411 FAIRFIELD AVE.,MICHIGAN CITY,IN
  • Contact person: ED WING
  • Phone: (219) 874-7990

Plan General Information


At the end of 2022, the total retirement plan assets of FAS-PAK, INC. 401(K) PLAN is $3,838,674.This plan was established in 2013.

At the end of 2022, the total number of retirement plan participants in FAS-PAK, INC. 401(K) PLAN is 170

In 2022, the average participant retirement account value for FAS-PAK, INC. 401(K) PLAN is $22,580

In 2022, the estimated average employee contribution amount per participant for FAS-PAK, INC. 401(K) PLAN is $1,978

In 2022, the estimated average employer match for an employee in FAS-PAK, INC. 401(K) PLAN is approximately $1,098

In 2022, FAS-PAK, INC. 401(K) PLAN allocates $186,813 to match its employees’ contributions, providing an employer match rate of 57.24% of their contributions

In 2022, the total retirement plan asset growth rate of FAS-PAK, INC. 401(K) PLAN is 0.00%

In 2022, the estimated aggregate retirement account investment gain/loss for FAS-PAK, INC. 401(K) PLAN is -7.80%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of FAS-PAK, INC. 401(K) PLAN is 0.78%.

Enrollment Features

FAS-PAK, INC. 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.