MAYO CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST
Plan Contact
- Address: 13960 HWY 5,CAVALIER,ND
- Contact person: LORI SCHLUCHTER
- Phone: (701) 265-8438
Plan General Information
MAYO CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of MAYO CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is $45,010,254.00.This plan was established in 2012.
MAYO CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in MAYO CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is 161
MAYO CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Average Participant Retirement Account Value
In 2023, the average participant retirement account value for MAYO CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is $279,566.00
MAYO CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in MAYO CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is approximately $3,743.00
Investing in this additonal $3,743.00 for 20 years would give you extra $239,564.00, assuming a 10% annual return.
Investing in this additonal $3,743.00 for 20 years would give you extra $239,564.00, assuming a 10% annual return.
MAYO CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of MAYO CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is 14.61%.
MAYO CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for MAYO CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is 17.67%. This measures the effectiveness of the plan participants' investments in the year.
MAYO CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Expense Ratio
In 2023, the investment and administrative expense ratio of MAYO CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is 0.00%.
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