UTAH PAPER BOX COMPANY EMPLOYEES 401(K) PROFIT SHARING PLAN

At the end of 2021, the total retirement plan assets of UTAH PAPER BOX COMPANY EMPLOYEES 401(K) PROFIT SHARING PLAN is $16,632,948.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in UTAH PAPER BOX COMPANY EMPLOYEES 401(K) PROFIT SHARING PLAN is 228

In 2021, the average participant retirement account value for UTAH PAPER BOX COMPANY EMPLOYEES 401(K) PROFIT SHARING PLAN is $72,951

In 2021, the estimated average employee contribution amount per participant for UTAH PAPER BOX COMPANY EMPLOYEES 401(K) PROFIT SHARING PLAN is $2,814

In 2021, the estimated average employer match for an employee in UTAH PAPER BOX COMPANY EMPLOYEES 401(K) PROFIT SHARING PLAN is approximately $891

In 2021, UTAH PAPER BOX COMPANY EMPLOYEES 401(K) PROFIT SHARING PLAN allocates $203,161 to match its employees’ contributions, providing an employer match rate of 31.66% of their contributions

In 2021, the total retirement plan asset growth rate of UTAH PAPER BOX COMPANY EMPLOYEES 401(K) PROFIT SHARING PLAN is 7.35%

In 2021, the estimated aggregate retirement account investment gain/loss for UTAH PAPER BOX COMPANY EMPLOYEES 401(K) PROFIT SHARING PLAN is 12.85%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of UTAH PAPER BOX COMPANY EMPLOYEES 401(K) PROFIT SHARING PLAN is 0.09%.

Enrollment Features

UTAH PAPER BOX COMPANY EMPLOYEES 401(K) PROFIT SHARING 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.