LUDVIK ELECTRIC CO. DAVIS-BACON PLAN

Plan Contact

  • Address: 3900 S. TELLER STREET,LAKEWOOD,CO
  • Contact person: ANDREW KOVATCH
  • Phone: (303) 781-9601

Plan General Information

LUDVIK ELECTRIC CO. DAVIS-BACON PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in LUDVIK ELECTRIC CO. DAVIS-BACON PLAN is 306

LUDVIK ELECTRIC CO. DAVIS-BACON PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for LUDVIK ELECTRIC CO. DAVIS-BACON PLAN is $22.00.

LUDVIK ELECTRIC CO. DAVIS-BACON PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in LUDVIK ELECTRIC CO. DAVIS-BACON PLAN is approximately $52.00
Investing in this additonal $52.00 for 20 years would give you extra $3,328.00, assuming a 10% annual return.

LUDVIK ELECTRIC CO. DAVIS-BACON PLAN Total Employer Contribution and Match Rate

In 2022, LUDVIK ELECTRIC CO. DAVIS-BACON PLAN allocates $15,914.00 to match its employees' contributions, providing an employer match rate of 235.90% of their contributions

Enrollment Features

LUDVIK ELECTRIC CO. DAVIS-BACON 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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