PETROFAC, INC. 401(K) PLAN

Plan Contact

  • Address: 15021 KATY FREEWAY 300-C,HOUSTON,TX
  • Contact person: ERIC QUELLA
  • Phone: (832) 460-4985

Plan General Information

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

At the end of 2021, the total retirement plan assets of PETROFAC, INC. 401(K) PLAN is $8,856,479.00.This plan was established in 2021.

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

At the end of 2021, the total number of retirement plan participants in PETROFAC, INC. 401(K) PLAN is 201

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

In 2021, the average participant retirement account value for PETROFAC, INC. 401(K) PLAN is $44,062.00

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

In 2021, the estimated average employee contribution amount per participant for PETROFAC, INC. 401(K) PLAN is $2,959.00.

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

In 2021, the estimated average employer match for an employee in PETROFAC, INC. 401(K) PLAN is approximately $1,134.00
Investing in this additonal $1,134.00 for 20 years would give you extra $72,617.00, assuming a 10% annual return.

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

In 2021, PETROFAC, INC. 401(K) PLAN allocates $228,064.00 to match its employees' contributions, providing an employer match rate of 76.69% of their contributions

PETROFAC, INC. 401(K) PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of PETROFAC, INC. 401(K) PLAN is 0.03%.

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