RICE COMPANIES PROFIT SHARING PLAN
Plan Contact
- Address: 3300 S CEDAR ST,BORGER,TX
- Contact person: MIKE WILLIAMS
- Phone: (806) 274-7187
Plan General Information
RICE COMPANIES PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of RICE COMPANIES PROFIT SHARING PLAN is $6,530,887.00.This plan was established in 2002.
RICE COMPANIES PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in RICE COMPANIES PROFIT SHARING PLAN is 288
RICE COMPANIES PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for RICE COMPANIES PROFIT SHARING PLAN is $22,676.00
RICE COMPANIES PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for RICE COMPANIES PROFIT SHARING PLAN is $1,779.00.
RICE COMPANIES PROFIT SHARING PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in RICE COMPANIES PROFIT SHARING PLAN is approximately $760.00
Investing in this additonal $760.00 for 20 years would give you extra $48,698.00, assuming a 10% annual return.
Investing in this additonal $760.00 for 20 years would give you extra $48,698.00, assuming a 10% annual return.
RICE COMPANIES PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2023, RICE COMPANIES PROFIT SHARING PLAN allocates $219,143.00 to match its employees' contributions, providing an employer match rate of 40.77% of their contributions
RICE COMPANIES PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of RICE COMPANIES PROFIT SHARING PLAN is 12.78%.
RICE COMPANIES PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for RICE COMPANIES PROFIT SHARING PLAN is 13.75%. This measures the effectiveness of the plan participants' investments in the year.
RICE COMPANIES PROFIT SHARING PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of RICE COMPANIES PROFIT SHARING PLAN is 0.21%.
Enrollment Features
RICE COMPANIES 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.
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