CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN

Plan Contact

  • Address: 1425 CRESSIDA DRIVE,CHARLOTTE,NC
  • Contact person: MICHELLE OLSON
  • Phone: (980) 264-3163

Plan General Information

CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN is $1,997,611.00.This plan was established in 2018.

CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN is 147

CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN is $13,589.00

CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN is $2,919.00.

CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN is approximately $867.00
Investing in this additonal $867.00 for 20 years would give you extra $55,517.00, assuming a 10% annual return.

CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN allocates $127,517.00 to match its employees' contributions, providing an employer match rate of 30.02% of their contributions

CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN is -10.20%.

CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN is -16.09%. This measures the effectiveness of the plan participants' investments in the year.

CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of CONCRETE COMPANIES EMPLOYEE'S 401(K) PLAN is 0.96%.

Enrollment Features

CONCRETE COMPANIES EMPLOYEE'S 401(K) 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.

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