GLY CONSTRUCTION, INC. 401(K) PLAN

Plan Contact

  • Address: P.O. BOX 6728,BELLEVUE,WA
  • Phone: (425) 451-8877

Plan General Information

GLY CONSTRUCTION, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of GLY CONSTRUCTION, INC. 401(K) PLAN is $79,271,754.00.This plan was established in 1993.

GLY CONSTRUCTION, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in GLY CONSTRUCTION, INC. 401(K) PLAN is 316

GLY CONSTRUCTION, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for GLY CONSTRUCTION, INC. 401(K) PLAN is $250,859.00

GLY CONSTRUCTION, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for GLY CONSTRUCTION, INC. 401(K) PLAN is $20,375.00.

GLY CONSTRUCTION, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in GLY CONSTRUCTION, INC. 401(K) PLAN is approximately $6,084.00
Investing in this additonal $6,084.00 for 20 years would give you extra $389,438.00, assuming a 10% annual return.

GLY CONSTRUCTION, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, GLY CONSTRUCTION, INC. 401(K) PLAN allocates $1,922,855.00 to match its employees' contributions, providing an employer match rate of 59.73% of their contributions

GLY CONSTRUCTION, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of GLY CONSTRUCTION, INC. 401(K) PLAN is 15.09%.

GLY CONSTRUCTION, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for GLY CONSTRUCTION, INC. 401(K) PLAN is 16.00%. This measures the effectiveness of the plan participants' investments in the year.

GLY CONSTRUCTION, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of GLY CONSTRUCTION, INC. 401(K) PLAN is 0.14%.

Enrollment Features

GLY CONSTRUCTION, INC. 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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