MOORE'S ELECTRICAL & MECHANICAL CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST
Plan Contact
- Address: PO BOX 119,ALTAVISTA,VA
- Contact person: GEORGE J COLEMAN JR
- Phone: (434) 369-4374
Plan General Information
MOORE'S ELECTRICAL & MECHANICAL CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of MOORE'S ELECTRICAL & MECHANICAL CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is $15,393,822.00.This plan was established in 2022.
MOORE'S ELECTRICAL & MECHANICAL CONSTRUCTION, 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 MOORE'S ELECTRICAL & MECHANICAL CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is 836
MOORE'S ELECTRICAL & MECHANICAL CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Average Participant Retirement Account Value
In 2023, the average participant retirement account value for MOORE'S ELECTRICAL & MECHANICAL CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is $18,413.00
MOORE'S ELECTRICAL & MECHANICAL CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in MOORE'S ELECTRICAL & MECHANICAL CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is approximately $1,277.00
Investing in this additonal $1,277.00 for 20 years would give you extra $81,748.00, assuming a 10% annual return.
Investing in this additonal $1,277.00 for 20 years would give you extra $81,748.00, assuming a 10% annual return.
MOORE'S ELECTRICAL & MECHANICAL CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of MOORE'S ELECTRICAL & MECHANICAL CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is 6.16%.
MOORE'S ELECTRICAL & MECHANICAL CONSTRUCTION, 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 MOORE'S ELECTRICAL & MECHANICAL CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is 4.70%. This measures the effectiveness of the plan participants' investments in the year.
MOORE'S ELECTRICAL & MECHANICAL CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Expense Ratio
In 2023, the investment and administrative expense ratio of MOORE'S ELECTRICAL & MECHANICAL CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is 0.07%.
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