RIC-MAN CONSTRUCTION FLORIDA, INC.
Plan Contact
- Address: 7472 19 MILE RD,STERLING HEIGHTS,MI
- Contact person: EDDIE MANCINI
- Phone: (586) 685-1000
Plan General Information
RIC-MAN CONSTRUCTION FLORIDA, INC. Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of RIC-MAN CONSTRUCTION FLORIDA, INC. is $4,486,664.00.This plan was established in 2019.
RIC-MAN CONSTRUCTION FLORIDA, INC. Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in RIC-MAN CONSTRUCTION FLORIDA, INC. is 109
RIC-MAN CONSTRUCTION FLORIDA, INC. Average Participant Retirement Account Value
In 2022, the average participant retirement account value for RIC-MAN CONSTRUCTION FLORIDA, INC. is $41,162.00
RIC-MAN CONSTRUCTION FLORIDA, INC. Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for RIC-MAN CONSTRUCTION FLORIDA, INC. is $2,734.00.
RIC-MAN CONSTRUCTION FLORIDA, INC. Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in RIC-MAN CONSTRUCTION FLORIDA, INC. is approximately $1,344.00
Investing in this additonal $1,344.00 for 20 years would give you extra $86,054.00, assuming a 10% annual return.
Investing in this additonal $1,344.00 for 20 years would give you extra $86,054.00, assuming a 10% annual return.
RIC-MAN CONSTRUCTION FLORIDA, INC. Total Employer Contribution and Match Rate
In 2022, RIC-MAN CONSTRUCTION FLORIDA, INC. allocates $146,562.00 to match its employees' contributions, providing an employer match rate of 47.02% of their contributions
RIC-MAN CONSTRUCTION FLORIDA, INC. Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of RIC-MAN CONSTRUCTION FLORIDA, INC. is -2.24%.
RIC-MAN CONSTRUCTION FLORIDA, INC. Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for RIC-MAN CONSTRUCTION FLORIDA, INC. is -9.11%. This measures the effectiveness of the plan participants' investments in the year.
RIC-MAN CONSTRUCTION FLORIDA, INC. Expense Ratio
In 2022, the investment and administrative expense ratio of RIC-MAN CONSTRUCTION FLORIDA, INC. is 0.58%.
Enrollment Features
RIC-MAN CONSTRUCTION FLORIDA, INC. has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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