LOCK JOINT TUBE LLC HOURLY UNION EMPLOYEES’ 401(K)

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 2021, LOCK JOINT TUBE LLC HOURLY UNION EMPLOYEES’ 401(K) allocates $324,040 to match its employees’ contributions, providing an employer match rate of 97.47% of their contributions

In 2021, the estimated average employer match for an employee in LOCK JOINT TUBE LLC HOURLY UNION EMPLOYEES’ 401(K) is approximately $1,350