NOSAL BUILDERS, INC. 401(K) PLAN

Plan Contact

  • Address: 85 FIELDSTONE COURT, UNIT # 1,CHESHIRE,CT
  • Phone: (203) 439-9320

Plan General Information

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

At the end of 2023, the total retirement plan assets of NOSAL BUILDERS, INC. 401(K) PLAN is $6,479,074.00.This plan was established in 2003.

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

At the end of 2023, the total number of retirement plan participants in NOSAL BUILDERS, INC. 401(K) PLAN is 170

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

In 2023, the average participant retirement account value for NOSAL BUILDERS, INC. 401(K) PLAN is $38,112.00

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

In 2023, the estimated average employee contribution amount per participant for NOSAL BUILDERS, INC. 401(K) PLAN is $1,506.00.

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

In 2023, the estimated average employer match for an employee in NOSAL BUILDERS, INC. 401(K) PLAN is approximately $6,872.00
Investing in this additonal $6,872.00 for 20 years would give you extra $439,853.00, assuming a 10% annual return.

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

In 2023, NOSAL BUILDERS, INC. 401(K) PLAN allocates $1,168,360.00 to match its employees' contributions, providing an employer match rate of 520.57% of their contributions

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

In 2023, the total retirement plan asset growth rate of NOSAL BUILDERS, INC. 401(K) PLAN is 15.73%.

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

In 2023, the estimated aggregate retirement account investment gain/loss for NOSAL BUILDERS, INC. 401(K) PLAN is 16.76%. This measures the effectiveness of the plan participants' investments in the year.

NOSAL BUILDERS, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of NOSAL BUILDERS, INC. 401(K) PLAN is 0.25%.

Enrollment Features

NOSAL BUILDERS, 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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