T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING

Plan Contact

  • Address: 2031 NORTHGATE COMMERCE PKWY,SUFFOLK,VA
  • Contact person: HANS DEJONG
  • Phone: (757) 627-3000

Plan General Information

T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING Total Retirement Plan Assets

At the end of 2019, the total retirement plan assets of T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING is $4,776,817.00.This plan was established in 2022.

T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING Total Number of Retirement Plan Participants

At the end of 2019, the total number of retirement plan participants in T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING is 125

T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING Average Participant Retirement Account Value

In 2019, the average participant retirement account value for T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING is $38,214.00

T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING Estimated Average Employee Contribution Amount

In 2019, the estimated average employee contribution amount per participant for T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING is $2,740.00.

T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING Estimated Average Employer Match

In 2019, the estimated average employer match for an employee in T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING is approximately $1,351.00
Investing in this additonal $1,351.00 for 20 years would give you extra $86,482.00, assuming a 10% annual return.

T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING Total Employer Contribution and Match Rate

In 2019, T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING allocates $168,911.00 to match its employees' contributions, providing an employer match rate of 49.31% of their contributions

T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING Total Retirement Plan Asset Growth Rate

In 2019, the total retirement plan asset growth rate of T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING is 9.74%.

T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING Estimated Aggregate Retirement Account Investment Gain/Loss

In 2019, the estimated aggregate retirement account investment gain/loss for T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING is 2.90%. This measures the effectiveness of the plan participants' investments in the year.

T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING Expense Ratio

In 2019, the investment and administrative expense ratio of T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING is 0.59%.

Enrollment Features

T. A. SHEETS MECHANICAL GENERAL CONTRACTORS, INC. 401(K) PROFIT SHARING 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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