ASHLAND FOUNDRY AND MACHINE WORKS, LLC UNION RETIREMENT PLAN

Employer Match

An employer match is deemed as ‘free’ money wherein your employer contributes additional funds to your allocated retirement savings plan. The matching amount can frequently be several percentage points of your compensation. Don’t avoid this free salary ‘raise’.

In 2022, ASHLAND FOUNDRY AND MACHINE WORKS, LLC UNION RETIREMENT PLAN allocates $126,136 to match its employees’ contributions, providing an employer match rate of 32.63% of their contributions

In 2022, the estimated average employer match for an employee in ASHLAND FOUNDRY AND MACHINE WORKS, LLC UNION RETIREMENT PLAN is approximately $824