GORMAN ROOFING SERVICES, INC. 401(K) PLAN
Plan Contact
- Address: 2229 EAST UNIVERSITY DRIVE,PHOENIX,AZ
- Contact person: NIKKI SINKWITZ
- Phone: (602) 262-2423
Plan General Information
GORMAN ROOFING SERVICES, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2015, the total retirement plan assets of GORMAN ROOFING SERVICES, INC. 401(K) PLAN is $1,666,398.00.This plan was established in 2001.
GORMAN ROOFING SERVICES, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2015, the total number of retirement plan participants in GORMAN ROOFING SERVICES, INC. 401(K) PLAN is 115
GORMAN ROOFING SERVICES, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2015, the average participant retirement account value for GORMAN ROOFING SERVICES, INC. 401(K) PLAN is $14,490.00
GORMAN ROOFING SERVICES, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2015, the estimated average employee contribution amount per participant for GORMAN ROOFING SERVICES, INC. 401(K) PLAN is $2,012.00.
GORMAN ROOFING SERVICES, INC. 401(K) PLAN Estimated Average Employer Match
In 2015, the estimated average employer match for an employee in GORMAN ROOFING SERVICES, INC. 401(K) PLAN is approximately $163.00
Investing in this additonal $163.00 for 20 years would give you extra $10,480.00, assuming a 10% annual return.
Investing in this additonal $163.00 for 20 years would give you extra $10,480.00, assuming a 10% annual return.
GORMAN ROOFING SERVICES, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2015, GORMAN ROOFING SERVICES, INC. 401(K) PLAN allocates $18,833.00 to match its employees' contributions, providing an employer match rate of 16.27% of their contributions
GORMAN ROOFING SERVICES, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2015, the total retirement plan asset growth rate of GORMAN ROOFING SERVICES, INC. 401(K) PLAN is -14.46%.
GORMAN ROOFING SERVICES, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2015, the estimated aggregate retirement account investment gain/loss for GORMAN ROOFING SERVICES, INC. 401(K) PLAN is -0.41%. This measures the effectiveness of the plan participants' investments in the year.
GORMAN ROOFING SERVICES, INC. 401(K) PLAN Expense Ratio
In 2015, the investment and administrative expense ratio of GORMAN ROOFING SERVICES, INC. 401(K) PLAN is 0.56%.
Enrollment Features
GORMAN ROOFING SERVICES, 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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