CARY OIL CO. 401K PSP

Plan Contact

  • Address: 110 MACKENAN DR,CARY,NC
  • Contact person: JASON HOLT
  • Phone: (919) 462-1100

Plan General Information

CARY OIL CO. 401K PSP Total Retirement Plan Assets

At the end of 2020, the total retirement plan assets of CARY OIL CO. 401K PSP is $23,291,882.00.This plan was established in 1971.

CARY OIL CO. 401K PSP Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in CARY OIL CO. 401K PSP is 223

CARY OIL CO. 401K PSP Average Participant Retirement Account Value

In 2020, the average participant retirement account value for CARY OIL CO. 401K PSP is $104,447.00

CARY OIL CO. 401K PSP Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for CARY OIL CO. 401K PSP is $6,212.00.

CARY OIL CO. 401K PSP Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in CARY OIL CO. 401K PSP is approximately $1,550.00
Investing in this additonal $1,550.00 for 20 years would give you extra $99,252.00, assuming a 10% annual return.

CARY OIL CO. 401K PSP Total Employer Contribution and Match Rate

In 2020, CARY OIL CO. 401K PSP allocates $345,833.00 to match its employees' contributions, providing an employer match rate of 49.93% of their contributions

CARY OIL CO. 401K PSP Total Retirement Plan Asset Growth Rate

In 2020, the total retirement plan asset growth rate of CARY OIL CO. 401K PSP is 14.21%.

CARY OIL CO. 401K PSP Estimated Aggregate Retirement Account Investment Gain/Loss

In 2020, the estimated aggregate retirement account investment gain/loss for CARY OIL CO. 401K PSP is 13.58%. This measures the effectiveness of the plan participants' investments in the year.

CARY OIL CO. 401K PSP Expense Ratio

In 2020, the investment and administrative expense ratio of CARY OIL CO. 401K PSP is 0.27%.

Enrollment Features

CARY OIL CO. 401K PSP has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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