ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP

Plan Contact

  • Address: 660 WEST 900 NORTH,,NORTH SALT LAKE,UT
  • Contact person: FIDUCIARY SERVICES
  • Phone: (801) 294-5211

Plan General Information

ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP is $14,504,553.00.This plan was established in 2018.

ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP is 596

ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP Average Participant Retirement Account Value

In 2023, the average participant retirement account value for ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP is $24,336.00

ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP is $1,989.00.

ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP is approximately $883.00
Investing in this additonal $883.00 for 20 years would give you extra $56,555.00, assuming a 10% annual return.

ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP Total Employer Contribution and Match Rate

In 2023, ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP allocates $526,674.00 to match its employees' contributions, providing an employer match rate of 48.09% of their contributions

ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP is 23.60%.

ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP is 16.14%. This measures the effectiveness of the plan participants' investments in the year.

ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP Expense Ratio

In 2023, the investment and administrative expense ratio of ASSOCIATED BUILDERS AND CONTRACTORS, INC UTAH CHAPTER MEP is 0.00%.

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