REID CONSTRUCTION 401(K) PLAN

Plan Contact

  • Address: 11621 COUNTRY ROAD 166,TYLER,TX
  • Contact person: SMITH REID
  • Phone: (903) 561-0560

Plan General Information

REID CONSTRUCTION 401(K) PLAN Total Retirement Plan Assets

At the end of 2020, the total retirement plan assets of REID CONSTRUCTION 401(K) PLAN is $62,267.00.This plan was established in 2019.

REID CONSTRUCTION 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in REID CONSTRUCTION 401(K) PLAN is 109

REID CONSTRUCTION 401(K) PLAN Average Participant Retirement Account Value

In 2020, the average participant retirement account value for REID CONSTRUCTION 401(K) PLAN is $571.00

REID CONSTRUCTION 401(K) PLAN Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for REID CONSTRUCTION 401(K) PLAN is $652.00.

REID CONSTRUCTION 401(K) PLAN Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in REID CONSTRUCTION 401(K) PLAN is approximately $40.00
Investing in this additonal $40.00 for 20 years would give you extra $2,581.00, assuming a 10% annual return.

REID CONSTRUCTION 401(K) PLAN Total Employer Contribution and Match Rate

In 2020, REID CONSTRUCTION 401(K) PLAN allocates $4,397.00 to match its employees' contributions, providing an employer match rate of 12.36% of their contributions

REID CONSTRUCTION 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2020, the total retirement plan asset growth rate of REID CONSTRUCTION 401(K) PLAN is 352.55%.

REID CONSTRUCTION 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2020, the estimated aggregate retirement account investment gain/loss for REID CONSTRUCTION 401(K) PLAN is 28.11%. This measures the effectiveness of the plan participants' investments in the year.

REID CONSTRUCTION 401(K) PLAN Expense Ratio

In 2020, the investment and administrative expense ratio of REID CONSTRUCTION 401(K) PLAN is 1.33%.

Enrollment Features

REID CONSTRUCTION 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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