MYCOMPUTERCAREER, INC. 401(K) PLAN

Plan Contact

  • Address: 346 RALEIGH STREET,HOLLY SPRINGS,NC
  • Contact person: BJAYE BURCHFIEL
  • Phone: (919) 278-7945

Plan General Information

MYCOMPUTERCAREER, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MYCOMPUTERCAREER, INC. 401(K) PLAN is $7,326,786.00.This plan was established in 2003.

MYCOMPUTERCAREER, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MYCOMPUTERCAREER, INC. 401(K) PLAN is 927

MYCOMPUTERCAREER, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MYCOMPUTERCAREER, INC. 401(K) PLAN is $7,903.00

MYCOMPUTERCAREER, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MYCOMPUTERCAREER, INC. 401(K) PLAN is $2,079.00.

MYCOMPUTERCAREER, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MYCOMPUTERCAREER, INC. 401(K) PLAN is approximately $21.00
Investing in this additonal $21.00 for 20 years would give you extra $1,390.00, assuming a 10% annual return.

MYCOMPUTERCAREER, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, MYCOMPUTERCAREER, INC. 401(K) PLAN allocates $20,143.00 to match its employees' contributions, providing an employer match rate of 1.64% of their contributions

MYCOMPUTERCAREER, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MYCOMPUTERCAREER, INC. 401(K) PLAN is 21.98%.

MYCOMPUTERCAREER, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MYCOMPUTERCAREER, INC. 401(K) PLAN is 18.05%. This measures the effectiveness of the plan participants' investments in the year.

MYCOMPUTERCAREER, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MYCOMPUTERCAREER, INC. 401(K) PLAN is 0.86%.

Enrollment Features

MYCOMPUTERCAREER, INC. 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

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