R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST
Plan Contact
- Address: P. O. BOX 25579,COLORADO SPRINGS,CO
- Contact person: CHERYL BERGST
- Phone: (719) 495-3621
Plan General Information
R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST Total Retirement Plan Assets
At the end of 2021, the total retirement plan assets of R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST is $7,209,778.00.This plan was established in 2022.
R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST is 141
R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST Average Participant Retirement Account Value
In 2021, the average participant retirement account value for R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST is $51,133.00
R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST is $2,994.00.
R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST is approximately $1,456.00
Investing in this additonal $1,456.00 for 20 years would give you extra $93,219.00, assuming a 10% annual return.
Investing in this additonal $1,456.00 for 20 years would give you extra $93,219.00, assuming a 10% annual return.
R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST Total Employer Contribution and Match Rate
In 2021, R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST allocates $205,374.00 to match its employees' contributions, providing an employer match rate of 48.64% of their contributions
R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST Total Retirement Plan Asset Growth Rate
In 2021, the total retirement plan asset growth rate of R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST is 12.12%.
R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2021, the estimated aggregate retirement account investment gain/loss for R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST is 10.96%. This measures the effectiveness of the plan participants' investments in the year.
R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST Expense Ratio
In 2021, the investment and administrative expense ratio of R.E. MONKS CONSTRUCTION COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST is 0.92%.
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