RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN

Plan Contact

  • Address: 2501 GUYAN AVE,HUNTINGTON,WV
  • Phone: (304) 697-4381

Plan General Information

RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN is $22,724,443.00.This plan was established in 1992.

RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN is 184

RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN is $123,502.00

RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN is $5,149.00.

RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN is approximately $2,303.00
Investing in this additonal $2,303.00 for 20 years would give you extra $147,451.00, assuming a 10% annual return.

RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN allocates $423,924.00 to match its employees' contributions, providing an employer match rate of 45.99% of their contributions

RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN is 15.19%.

RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN is 17.92%. This measures the effectiveness of the plan participants' investments in the year.

RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN is 0.23%.

Enrollment Features

RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT 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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