PLASTIC OMNIUM CLEAN ENERGY SYSTEMS SAVINGS PLAN

Overview

Plan Contact

  • Address: 2710 BELLINGHAM ROAD, SUITE 400,TROY,MI
  • Contact person: MEGAN BRIGGSON
  • Phone: (248) 843-9309

Plan General Information


At the end of 2022, the total retirement plan assets of PLASTIC OMNIUM CLEAN ENERGY SYSTEMS SAVINGS PLAN is $90,007,945.This plan was established in 2000.

At the end of 2022, the total number of retirement plan participants in PLASTIC OMNIUM CLEAN ENERGY SYSTEMS SAVINGS PLAN is 973

In 2022, the average participant retirement account value for PLASTIC OMNIUM CLEAN ENERGY SYSTEMS SAVINGS PLAN is $92,505

In 2022, the estimated average employee contribution amount per participant for PLASTIC OMNIUM CLEAN ENERGY SYSTEMS SAVINGS PLAN is $4,487

In 2022, the estimated average employer match for an employee in PLASTIC OMNIUM CLEAN ENERGY SYSTEMS SAVINGS PLAN is approximately $6,316

In 2022, PLASTIC OMNIUM CLEAN ENERGY SYSTEMS SAVINGS PLAN allocates $6,145,838 to match its employees’ contributions, providing an employer match rate of 138.47% of their contributions

In 2022, the total retirement plan asset growth rate of PLASTIC OMNIUM CLEAN ENERGY SYSTEMS SAVINGS PLAN is -18.87%

In 2022, the estimated aggregate retirement account investment gain/loss for PLASTIC OMNIUM CLEAN ENERGY SYSTEMS SAVINGS PLAN is -20.94%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PLASTIC OMNIUM CLEAN ENERGY SYSTEMS SAVINGS PLAN is 0.12%.

Enrollment Features

PLASTIC OMNIUM CLEAN ENERGY SYSTEMS SAVINGS 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.