NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN
Plan Contact
- Address: 11101 WHITE ROCK ROAD,RANCHO CORDOVA,CA
- Contact person: RODNEY BINGAMAN
- Phone: (916) 572-0571
Plan General Information
NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN is $6,036,223.00.This plan was established in 2014.
NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN is 295
NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN is $20,461.00
NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN is $2,084.00.
NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN is approximately $1,931.00
Investing in this additonal $1,931.00 for 20 years would give you extra $123,589.00, assuming a 10% annual return.
Investing in this additonal $1,931.00 for 20 years would give you extra $123,589.00, assuming a 10% annual return.
NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN allocates $569,669.00 to match its employees' contributions, providing an employer match rate of 118.29% of their contributions
NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN is 26.94%.
NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN is 13.95%. This measures the effectiveness of the plan participants' investments in the year.
NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN is 0.76%.
Enrollment Features
NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) 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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