DOYON DRILLING, INC. 401(K) SAVINGS & RETIREMENT PLAN
Plan Contact
- Address: 11500 C STREET,,ANCHORAGE,AK
- Contact person: HEATHER HAMME
- Phone: (907) 563-5530
Plan General Information
DOYON DRILLING, INC. 401(K) SAVINGS & RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2019, the total number of retirement plan participants in DOYON DRILLING, INC. 401(K) SAVINGS & RETIREMENT PLAN is 398
DOYON DRILLING, INC. 401(K) SAVINGS & RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2019, the estimated average employee contribution amount per participant for DOYON DRILLING, INC. 401(K) SAVINGS & RETIREMENT PLAN is $15,548.00.
DOYON DRILLING, INC. 401(K) SAVINGS & RETIREMENT PLAN Estimated Average Employer Match
In 2019, the estimated average employer match for an employee in DOYON DRILLING, INC. 401(K) SAVINGS & RETIREMENT PLAN is approximately $8,156.00
Investing in this additonal $8,156.00 for 20 years would give you extra $522,013.00, assuming a 10% annual return.
Investing in this additonal $8,156.00 for 20 years would give you extra $522,013.00, assuming a 10% annual return.
DOYON DRILLING, INC. 401(K) SAVINGS & RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2019, DOYON DRILLING, INC. 401(K) SAVINGS & RETIREMENT PLAN allocates $3,246,270.00 to match its employees' contributions, providing an employer match rate of 104.91% of their contributions
Enrollment Features
DOYON DRILLING, INC. 401(K) SAVINGS & RETIREMENT PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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