GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: PO BOX 7190,SHAWNEE MISSION,KS
  • Phone: (913) 648-5526

Plan General Information

GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN is $22,197,303.00.This plan was established in 1985.

GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN is 304

GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN is $73,017.00

GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN is $3,394.00.

GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN is approximately $1,708.00
Investing in this additonal $1,708.00 for 20 years would give you extra $109,338.00, assuming a 10% annual return.

GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2023, GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN allocates $519,357.00 to match its employees' contributions, providing an employer match rate of 50.49% of their contributions

GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN is 15.81%.

GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN is 18.32%. This measures the effectiveness of the plan participants' investments in the year.

GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of GEIGER READY-MIX CO., INC. 401(K) PROFIT SHARING PLAN is 0.39%.

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