PIKE ELECTRIC, INC. 401(K) PLAN

Plan Contact

  • Address: PO BOX 868,,MOUNT AIRY,NC
  • Contact person: ANTHONY SLATER
  • Phone: (336) 789-2171

Plan General Information

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

At the end of 2009, the total retirement plan assets of PIKE ELECTRIC, INC. 401(K) PLAN is $81,269,684.00.This plan was established in 1976.

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

At the end of 2009, the total number of retirement plan participants in PIKE ELECTRIC, INC. 401(K) PLAN is 5848

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

In 2009, the average participant retirement account value for PIKE ELECTRIC, INC. 401(K) PLAN is $13,897.00

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

In 2009, the estimated average employee contribution amount per participant for PIKE ELECTRIC, INC. 401(K) PLAN is $2,031.00.

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

In 2009, the estimated average employer match for an employee in PIKE ELECTRIC, INC. 401(K) PLAN is approximately $334.00
Investing in this additonal $334.00 for 20 years would give you extra $21,426.00, assuming a 10% annual return.

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

In 2009, PIKE ELECTRIC, INC. 401(K) PLAN allocates $1,957,859.00 to match its employees' contributions, providing an employer match rate of 32.96% of their contributions

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

In 2009, the total retirement plan asset growth rate of PIKE ELECTRIC, INC. 401(K) PLAN is 11.83%.

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

In 2009, the estimated aggregate retirement account investment gain/loss for PIKE ELECTRIC, INC. 401(K) PLAN is 13.10%. This measures the effectiveness of the plan participants' investments in the year.

PIKE ELECTRIC, INC. 401(K) PLAN Expense Ratio

In 2009, the investment and administrative expense ratio of PIKE ELECTRIC, INC. 401(K) PLAN is 0.05%.

Enrollment Features

PIKE ELECTRIC, 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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