PEOPLETEC, INC. 401(K) PLAN

Plan Contact

  • Address: 4901-I CORPORATE DRIVE,HUNTSVILLE,AL
  • Contact person: ANNA CATHERINE OSTEEN
  • Phone: (256) 319-3800

Plan General Information

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

At the end of 2023, the total retirement plan assets of PEOPLETEC, INC. 401(K) PLAN is $68,782,347.00.This plan was established in 2006.

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

At the end of 2023, the total number of retirement plan participants in PEOPLETEC, INC. 401(K) PLAN is 686

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

In 2023, the average participant retirement account value for PEOPLETEC, INC. 401(K) PLAN is $100,265.00

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

In 2023, the estimated average employee contribution amount per participant for PEOPLETEC, INC. 401(K) PLAN is $8,683.00.

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

In 2023, the estimated average employer match for an employee in PEOPLETEC, INC. 401(K) PLAN is approximately $3,642.00
Investing in this additonal $3,642.00 for 20 years would give you extra $233,149.00, assuming a 10% annual return.

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

In 2023, PEOPLETEC, INC. 401(K) PLAN allocates $2,499,076.00 to match its employees' contributions, providing an employer match rate of 46.76% of their contributions

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

In 2023, the total retirement plan asset growth rate of PEOPLETEC, INC. 401(K) PLAN is 32.13%.

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

In 2023, the estimated aggregate retirement account investment gain/loss for PEOPLETEC, INC. 401(K) PLAN is 17.46%. This measures the effectiveness of the plan participants' investments in the year.

PEOPLETEC, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of PEOPLETEC, INC. 401(K) PLAN is 0.20%.

Enrollment Features

PEOPLETEC, 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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