RUSKEN PACKAGING, INC 401(K) PLAN

Overview

Plan Contact

  • Address: PO BOX 2100,CULLMAN,AL
  • Contact person: WEST BRININGER
  • Phone: (256) 734-0092

Plan General Information


At the end of 2021, the total retirement plan assets of RUSKEN PACKAGING, INC 401(K) PLAN is $25,886,615.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in RUSKEN PACKAGING, INC 401(K) PLAN is 546

In 2021, the average participant retirement account value for RUSKEN PACKAGING, INC 401(K) PLAN is $47,411

In 2021, the estimated average employee contribution amount per participant for RUSKEN PACKAGING, INC 401(K) PLAN is $3,187

In 2021, the estimated average employer match for an employee in RUSKEN PACKAGING, INC 401(K) PLAN is approximately $1,202

In 2021, RUSKEN PACKAGING, INC 401(K) PLAN allocates $656,695 to match its employees’ contributions, providing an employer match rate of 37.74% of their contributions

In 2021, the total retirement plan asset growth rate of RUSKEN PACKAGING, INC 401(K) PLAN is 13.19%

In 2021, the estimated aggregate retirement account investment gain/loss for RUSKEN PACKAGING, INC 401(K) PLAN is 12.33%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of RUSKEN PACKAGING, INC 401(K) PLAN is 0.52%.

Enrollment Features

RUSKEN PACKAGING, INC 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.