NATIONAL GALVANIZING, L.P. PROFIT SHARING AND SAVINGS PLAN

Overview

Plan Contact

  • Address: 1500 TELB,MONROE,MI
  • Contact person: CHARLES WINTERS
  • Phone: (734) 243-1882

Plan General Information


At the end of 2022, the total retirement plan assets of NATIONAL GALVANIZING, L.P. PROFIT SHARING AND SAVINGS PLAN is $13,611,220.This plan was established in 1994.

At the end of 2022, the total number of retirement plan participants in NATIONAL GALVANIZING, L.P. PROFIT SHARING AND SAVINGS PLAN is 134

In 2022, the average participant retirement account value for NATIONAL GALVANIZING, L.P. PROFIT SHARING AND SAVINGS PLAN is $101,576

In 2022, the estimated average employee contribution amount per participant for NATIONAL GALVANIZING, L.P. PROFIT SHARING AND SAVINGS PLAN is $3,194

In 2022, the estimated average employer match for an employee in NATIONAL GALVANIZING, L.P. PROFIT SHARING AND SAVINGS PLAN is approximately $684

In 2022, NATIONAL GALVANIZING, L.P. PROFIT SHARING AND SAVINGS PLAN allocates $91,759 to match its employees’ contributions, providing an employer match rate of 23.45% of their contributions

In 2022, the total retirement plan asset growth rate of NATIONAL GALVANIZING, L.P. PROFIT SHARING AND SAVINGS PLAN is -15.90%

In 2022, the estimated aggregate retirement account investment gain/loss for NATIONAL GALVANIZING, L.P. PROFIT SHARING AND SAVINGS PLAN is -11.80%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of NATIONAL GALVANIZING, L.P. PROFIT SHARING AND SAVINGS PLAN is 0.13%.

Enrollment Features

NATIONAL GALVANIZING, L.P. PROFIT SHARING AND SAVINGS 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.