MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST
Plan Contact
- Address: 11109 66TH AVENUE EAST,PUYALLUP,WA
- Contact person: CARMEN WESTENDORF
- Phone: (253) 446-4032
Plan General Information
MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST is $4,411,771.00.This plan was established in 1984.
MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST is 148
MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST Average Participant Retirement Account Value
In 2022, the average participant retirement account value for MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST is $29,809.00
MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST is $1,835.00.
MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST is approximately $475.00
Investing in this additonal $475.00 for 20 years would give you extra $30,445.00, assuming a 10% annual return.
Investing in this additonal $475.00 for 20 years would give you extra $30,445.00, assuming a 10% annual return.
MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST Total Employer Contribution and Match Rate
In 2022, MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST allocates $70,406.00 to match its employees' contributions, providing an employer match rate of 26.55% of their contributions
MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST is -15.38%.
MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST is -16.17%. This measures the effectiveness of the plan participants' investments in the year.
MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST Expense Ratio
In 2022, the investment and administrative expense ratio of MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST is 0.49%.
Enrollment Features
MERIDIAN CENTER ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST 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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