RICHARD E PIERSON CONSTRUCTION CO INC 401K PL
Plan Contact
- Address: 426 SWEDESBORO ROAD,PILESGROVE,NJ
- Contact person: DONNA BRADY
- Phone: (856) 769-8244
Plan General Information
RICHARD E PIERSON CONSTRUCTION CO INC 401K PL Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of RICHARD E PIERSON CONSTRUCTION CO INC 401K PL is $21,662,338.00.This plan was established in 1989.
RICHARD E PIERSON CONSTRUCTION CO INC 401K PL Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in RICHARD E PIERSON CONSTRUCTION CO INC 401K PL is 447
RICHARD E PIERSON CONSTRUCTION CO INC 401K PL Average Participant Retirement Account Value
In 2023, the average participant retirement account value for RICHARD E PIERSON CONSTRUCTION CO INC 401K PL is $48,461.00
RICHARD E PIERSON CONSTRUCTION CO INC 401K PL Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for RICHARD E PIERSON CONSTRUCTION CO INC 401K PL is $5,316.00.
RICHARD E PIERSON CONSTRUCTION CO INC 401K PL Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in RICHARD E PIERSON CONSTRUCTION CO INC 401K PL is approximately $1,909.00
Investing in this additonal $1,909.00 for 20 years would give you extra $122,209.00, assuming a 10% annual return.
Investing in this additonal $1,909.00 for 20 years would give you extra $122,209.00, assuming a 10% annual return.
RICHARD E PIERSON CONSTRUCTION CO INC 401K PL Total Employer Contribution and Match Rate
In 2023, RICHARD E PIERSON CONSTRUCTION CO INC 401K PL allocates $853,557.00 to match its employees' contributions, providing an employer match rate of 71.83% of their contributions
RICHARD E PIERSON CONSTRUCTION CO INC 401K PL Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of RICHARD E PIERSON CONSTRUCTION CO INC 401K PL is 24.22%.
RICHARD E PIERSON CONSTRUCTION CO INC 401K PL Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for RICHARD E PIERSON CONSTRUCTION CO INC 401K PL is 17.25%. This measures the effectiveness of the plan participants' investments in the year.
RICHARD E PIERSON CONSTRUCTION CO INC 401K PL Expense Ratio
In 2023, the investment and administrative expense ratio of RICHARD E PIERSON CONSTRUCTION CO INC 401K PL is 0.01%.
Enrollment Features
RICHARD E PIERSON CONSTRUCTION CO INC 401K PL 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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