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.