The rate that you negotiated with Everyware is called your Package Value, and consists of wages plus the cost of any benefits you elect to receive. This calculator will show you how the percentage of wages you choose to defer into the 401(k) will affect your pay, the company matching contribution, and the overall annual contribution to the plan.
Enter the Package Value shown on your Task Order:
Enter the % of full-time hours that you work:(100% = 40 hours per week. 50% = 20hours; 25% = 10 hours etc.; Blank assumes full-time)
Enter the Deferral Percentage (6% maximum):
Your Deferral would be:
The Company Match (15:1 match ratio) would be:
Your Pay Rate would be:
The Total Annual 401(k) Plan Contribution would be: