LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN

Plan Contact

  • Address: P.O. BOX 11779,COLLEGE STATION,TX
  • Contact person: MARK SCHINZLER
  • Phone: (979) 823-4888

Plan General Information

LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN is $290,028.00.This plan was established in 2022.

LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN is 179

LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN is $1,620.00

LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN is $1,738.00.

LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN is approximately $579.00
Investing in this additonal $579.00 for 20 years would give you extra $37,091.00, assuming a 10% annual return.

LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN allocates $103,739.00 to match its employees' contributions, providing an employer match rate of 66.65% of their contributions

LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN is 0.05%.

Enrollment Features

LARRY YOUNG PAVING, INC. PROFIT SHARING & 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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