ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN

Plan Contact

  • Address: 100 PLAZA PRADERAS SC,,TOA BAJA,PR
  • Contact person: RAFAEL RIVERA
  • Phone: (787) 995-0309

Plan General Information

ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN is $697,385.00.This plan was established in 2004.

ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN is 150

ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN is $4,649.00

ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN is $399.00.

ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN is approximately $121.00
Investing in this additonal $121.00 for 20 years would give you extra $7,803.00, assuming a 10% annual return.

ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN allocates $18,289.00 to match its employees' contributions, providing an employer match rate of 31.99% of their contributions

ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN is -18.61%.

ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN is -16.64%. This measures the effectiveness of the plan participants' investments in the year.

ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of ALPROEM ENGINEERING CONTRACTOR RETIREMENT PLAN is 1.57%.

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