NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN

Plan Contact

  • Address: 4190 HOFFMEISTER AVE,SAINT LOUIS,MO
  • Contact person: DAPHNE RHOMBERG
  • Phone: (314) 544-1214

Plan General Information

NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN is $24,587,762.00.This plan was established in 1974.

NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN is 207

NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN is $118,781.00

NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN is $2,917.00.

NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN is approximately $3,156.00
Investing in this additonal $3,156.00 for 20 years would give you extra $202,011.00, assuming a 10% annual return.

NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2023, NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN allocates $653,382.00 to match its employees' contributions, providing an employer match rate of 107.16% of their contributions

NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN is 2.07%.

NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN is 19.38%. This measures the effectiveness of the plan participants' investments in the year.

NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of NU WAY CONCRETE FORMS, INC. PROFIT SHARING PLAN is 0.47%.

Enrollment Features

NU WAY CONCRETE FORMS, INC. PROFIT SHARING 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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