SABIN METAL CORPORATION 401(K) SAVINGS PLAN

Overview

Plan Contact

  • Address: 300 PANTIGO PL STE 102,EAST HAMPTON,NY
  • Contact person: JOHN CARPENTIERE
  • Phone: (631) 329-1717

Plan General Information


At the end of 2022, the total retirement plan assets of SABIN METAL CORPORATION 401(K) SAVINGS PLAN is $27,287,789.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in SABIN METAL CORPORATION 401(K) SAVINGS PLAN is 518

In 2022, the average participant retirement account value for SABIN METAL CORPORATION 401(K) SAVINGS PLAN is $52,679

In 2022, the estimated average employee contribution amount per participant for SABIN METAL CORPORATION 401(K) SAVINGS PLAN is $2,130

In 2022, the estimated average employer match for an employee in SABIN METAL CORPORATION 401(K) SAVINGS PLAN is approximately $2,500

In 2022, SABIN METAL CORPORATION 401(K) SAVINGS PLAN allocates $1,295,173 to match its employees’ contributions, providing an employer match rate of 121.37% of their contributions

In 2022, the total retirement plan asset growth rate of SABIN METAL CORPORATION 401(K) SAVINGS PLAN is -24.38%

In 2022, the estimated aggregate retirement account investment gain/loss for SABIN METAL CORPORATION 401(K) SAVINGS PLAN is -18.07%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of SABIN METAL CORPORATION 401(K) SAVINGS PLAN is 0.43%.

Enrollment Features

SABIN METAL CORPORATION 401(K) SAVINGS 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.