PLACON CORPORATION RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of PLACON CORPORATION RETIREMENT PLAN is $63,492,831.This plan was established in 1972.

At the end of 2022, the total number of retirement plan participants in PLACON CORPORATION RETIREMENT PLAN is 950

In 2022, the average participant retirement account value for PLACON CORPORATION RETIREMENT PLAN is $66,834

In 2022, the estimated average employee contribution amount per participant for PLACON CORPORATION RETIREMENT PLAN is $5,023

In 2022, the estimated average employer match for an employee in PLACON CORPORATION RETIREMENT PLAN is approximately $1,559

In 2022, PLACON CORPORATION RETIREMENT PLAN allocates $1,481,324 to match its employees’ contributions, providing an employer match rate of 33.34% of their contributions

In 2022, the total retirement plan asset growth rate of PLACON CORPORATION RETIREMENT PLAN is -19.11%

In 2022, the estimated aggregate retirement account investment gain/loss for PLACON CORPORATION RETIREMENT PLAN is -17.24%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PLACON CORPORATION RETIREMENT PLAN is 0.04%.

Enrollment Features

PLACON CORPORATION RETIREMENT PLAN 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.