LAWRENCE PAPER CO EMPLOYEES 401(K) PROFIT SHARING PLAN & TRUST

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, LAWRENCE PAPER CO EMPLOYEES 401(K) PROFIT SHARING PLAN & TRUST allocates $681,099 to match its employees’ contributions, providing an employer match rate of 42.23% of their contributions

In 2022, the estimated average employer match for an employee in LAWRENCE PAPER CO EMPLOYEES 401(K) PROFIT SHARING PLAN & TRUST is approximately $1,797