MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN
Plan Contact
- Address: 4016 HOLLAND BOULEVARD,,CHESAPEAKE,VA
- Contact person: GEORGE CLARKE IV
- Phone:
Plan General Information
MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN Total Retirement Plan Assets
At the end of 2020, the total retirement plan assets of MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN is $24,967,558.00.This plan was established in 1988.
MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN Total Number of Retirement Plan Participants
At the end of 2020, the total number of retirement plan participants in MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN is 266
MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN Average Participant Retirement Account Value
In 2020, the average participant retirement account value for MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN is $93,863.00
MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN Estimated Average Employee Contribution Amount
In 2020, the estimated average employee contribution amount per participant for MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN is $9,463.00.
MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN Estimated Average Employer Match
In 2020, the estimated average employer match for an employee in MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN is approximately $1,592.00
Investing in this additonal $1,592.00 for 20 years would give you extra $101,920.00, assuming a 10% annual return.
Investing in this additonal $1,592.00 for 20 years would give you extra $101,920.00, assuming a 10% annual return.
MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN Total Employer Contribution and Match Rate
In 2020, MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN allocates $423,605.00 to match its employees' contributions, providing an employer match rate of 33.65% of their contributions
MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN Total Retirement Plan Asset Growth Rate
In 2020, the total retirement plan asset growth rate of MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN is 20.16%.
MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2020, the estimated aggregate retirement account investment gain/loss for MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN is 14.27%. This measures the effectiveness of the plan participants' investments in the year.
MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN Expense Ratio
In 2020, the investment and administrative expense ratio of MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN is 0.00%.
Enrollment Features
MEB GENERAL CONTRACTORS, INC. MEB GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARIN 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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