EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN
Plan Contact
- Address: 1 KEYSTONE PLACE SUITE 200,JESSUP,PA
- Phone: (570) 383-1818
Plan General Information
EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN is $1,729,568.00.This plan was established in 2015.
EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN is 176
EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN is $9,827.00
EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN is $2,885.00.
EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN is approximately $1,164.00
Investing in this additonal $1,164.00 for 20 years would give you extra $74,497.00, assuming a 10% annual return.
Investing in this additonal $1,164.00 for 20 years would give you extra $74,497.00, assuming a 10% annual return.
EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN allocates $204,868.00 to match its employees' contributions, providing an employer match rate of 80.69% of their contributions
EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN is 43.11%.
EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN is 13.93%. This measures the effectiveness of the plan participants' investments in the year.
EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of EASTERN ROOFING SYSTEMS, INC. 401(K) PLAN is 0.70%.
Enrollment Features
EASTERN ROOFING SYSTEMS, INC. 401(K) 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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