NATCO PRODUCTS CORPORATION 401(K) PLAN

Overview

Plan Contact

  • Address: 155 BROOKSIDE AVENUE,WEST WARWICK,RI
  • Phone: (401) 828-0300

Plan General Information


At the end of 2022, the total retirement plan assets of NATCO PRODUCTS CORPORATION 401(K) PLAN is $25,093,880.This plan was established in 1988.

At the end of 2022, the total number of retirement plan participants in NATCO PRODUCTS CORPORATION 401(K) PLAN is 653

In 2022, the average participant retirement account value for NATCO PRODUCTS CORPORATION 401(K) PLAN is $38,428

In 2022, the estimated average employee contribution amount per participant for NATCO PRODUCTS CORPORATION 401(K) PLAN is $1,776

In 2022, the estimated average employer match for an employee in NATCO PRODUCTS CORPORATION 401(K) PLAN is approximately $753

In 2022, NATCO PRODUCTS CORPORATION 401(K) PLAN allocates $491,819 to match its employees’ contributions, providing an employer match rate of 43.12% of their contributions

In 2022, the total retirement plan asset growth rate of NATCO PRODUCTS CORPORATION 401(K) PLAN is -19.68%

In 2022, the estimated aggregate retirement account investment gain/loss for NATCO PRODUCTS CORPORATION 401(K) PLAN is -17.65%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of NATCO PRODUCTS CORPORATION 401(K) PLAN is 0.64%.

Enrollment Features

NATCO PRODUCTS CORPORATION 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.