PMI CARTONING, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 850 PRATT BLVD.,ELK GROVE VILLAGE,IL
  • Contact person: VINCENT BOTTI
  • Phone: (847) 437-1427

Plan General Information


At the end of 2021, the total retirement plan assets of PMI CARTONING, INC. 401(K) PLAN is $3,926,782.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in PMI CARTONING, INC. 401(K) PLAN is 148

In 2021, the average participant retirement account value for PMI CARTONING, INC. 401(K) PLAN is $26,532

In 2021, the estimated average employee contribution amount per participant for PMI CARTONING, INC. 401(K) PLAN is $2,403

In 2021, the estimated average employer match for an employee in PMI CARTONING, INC. 401(K) PLAN is approximately $115

In 2021, PMI CARTONING, INC. 401(K) PLAN allocates $17,100 to match its employees’ contributions, providing an employer match rate of 4.81% of their contributions

In 2021, the total retirement plan asset growth rate of PMI CARTONING, INC. 401(K) PLAN is 2.74%

In 2021, the estimated aggregate retirement account investment gain/loss for PMI CARTONING, INC. 401(K) PLAN is 10.64%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of PMI CARTONING, INC. 401(K) PLAN is 0.66%.

Enrollment Features

PMI CARTONING, INC. 401(K) 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.