RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: 30 COLUMBIA BLVD,CLARKSBURG,WV
  • Contact person: HENRY WOOD THRASHER
  • Phone: (304) 624-4108

Plan General Information

RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2013, the total retirement plan assets of RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN is $7,927,978.00.This plan was established in 1987.

RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2013, the total number of retirement plan participants in RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN is 220

RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2013, the average participant retirement account value for RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN is $36,036.00

RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2013, the estimated average employee contribution amount per participant for RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN is $5,521.00.

RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2013, the estimated average employer match for an employee in RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN is approximately $1,646.00
Investing in this additonal $1,646.00 for 20 years would give you extra $105,405.00, assuming a 10% annual return.

RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2013, RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN allocates $362,331.00 to match its employees' contributions, providing an employer match rate of 59.66% of their contributions

RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2013, the total retirement plan asset growth rate of RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN is 19.84%.

RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2013, the estimated aggregate retirement account investment gain/loss for RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN is 16.55%. This measures the effectiveness of the plan participants' investments in the year.

RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN Expense Ratio

In 2013, the investment and administrative expense ratio of RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING PLAN is 0.02%.

Enrollment Features

RESOURCE ENGINEERING GROUP INC 401(K) PROFIT SHARING 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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