MILES SAND & GRAVEL COMPANY RETIREMENT PLAN
Plan Contact
- Address: 400 VALLEY AVE NE,PUYALLUP,WA
- Contact person: TIM KITTILSBY
- Phone: (253) 833-3705
Plan General Information
MILES SAND & GRAVEL COMPANY RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of MILES SAND & GRAVEL COMPANY RETIREMENT PLAN is $49,754,176.00.This plan was established in 1967.
MILES SAND & GRAVEL COMPANY RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in MILES SAND & GRAVEL COMPANY RETIREMENT PLAN is 536
MILES SAND & GRAVEL COMPANY RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for MILES SAND & GRAVEL COMPANY RETIREMENT PLAN is $92,824.00
MILES SAND & GRAVEL COMPANY RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for MILES SAND & GRAVEL COMPANY RETIREMENT PLAN is $6,706.00.
MILES SAND & GRAVEL COMPANY RETIREMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in MILES SAND & GRAVEL COMPANY RETIREMENT PLAN is approximately $7,271.00
Investing in this additonal $7,271.00 for 20 years would give you extra $465,394.00, assuming a 10% annual return.
Investing in this additonal $7,271.00 for 20 years would give you extra $465,394.00, assuming a 10% annual return.
MILES SAND & GRAVEL COMPANY RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2023, MILES SAND & GRAVEL COMPANY RETIREMENT PLAN allocates $3,897,683.00 to match its employees' contributions, providing an employer match rate of 216.87% of their contributions
MILES SAND & GRAVEL COMPANY RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of MILES SAND & GRAVEL COMPANY RETIREMENT PLAN is 22.28%.
MILES SAND & GRAVEL COMPANY RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for MILES SAND & GRAVEL COMPANY RETIREMENT PLAN is 12.13%. This measures the effectiveness of the plan participants' investments in the year.
MILES SAND & GRAVEL COMPANY RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of MILES SAND & GRAVEL COMPANY RETIREMENT PLAN is 0.15%.
Enrollment Features
MILES SAND & GRAVEL COMPANY RETIREMENT 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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