MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT

Plan Contact

  • Address: ROUTE 26,,KINGWOOD,WV
  • Contact person: EDWARD P. BOYLE II
  • Phone: (304) 329-2129

Plan General Information

MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT is $13,485,210.00.This plan was established in 1987.

MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT is 433

MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT Average Participant Retirement Account Value

In 2021, the average participant retirement account value for MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT is $31,143.00

MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT is $2,727.00.

MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT is approximately $692.00
Investing in this additonal $692.00 for 20 years would give you extra $44,341.00, assuming a 10% annual return.

MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT Total Employer Contribution and Match Rate

In 2021, MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT allocates $300,000.00 to match its employees' contributions, providing an employer match rate of 50.81% of their contributions

MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT is 16.13%.

MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT is 16.35%. This measures the effectiveness of the plan participants' investments in the year.

MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT Expense Ratio

In 2021, the investment and administrative expense ratio of MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT is 0.01%.

Enrollment Features

MOUNTAINEER CONTRACTORS, INC. 401(K) PROFIT 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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