TECHNIBILT LTD. 401(K) PLAN

Plan Contact

  • Address: PO BOX 310,NEWTON,NC
  • Contact person: SANDRA MILLER
  • Phone: (828) 464-7388

Plan General Information

TECHNIBILT LTD. 401(K) PLAN Total Retirement Plan Assets

At the end of 2019, the total retirement plan assets of TECHNIBILT LTD. 401(K) PLAN is $16,690,829.00.This plan was established in 1996.

TECHNIBILT LTD. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2019, the total number of retirement plan participants in TECHNIBILT LTD. 401(K) PLAN is 456

TECHNIBILT LTD. 401(K) PLAN Average Participant Retirement Account Value

In 2019, the average participant retirement account value for TECHNIBILT LTD. 401(K) PLAN is $36,602.00

TECHNIBILT LTD. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2019, the estimated average employee contribution amount per participant for TECHNIBILT LTD. 401(K) PLAN is $4,665.00.

TECHNIBILT LTD. 401(K) PLAN Estimated Average Employer Match

In 2019, the estimated average employer match for an employee in TECHNIBILT LTD. 401(K) PLAN is approximately $1,553.00
Investing in this additonal $1,553.00 for 20 years would give you extra $99,423.00, assuming a 10% annual return.

TECHNIBILT LTD. 401(K) PLAN Total Employer Contribution and Match Rate

In 2019, TECHNIBILT LTD. 401(K) PLAN allocates $708,391.00 to match its employees' contributions, providing an employer match rate of 66.59% of their contributions

TECHNIBILT LTD. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2019, the total retirement plan asset growth rate of TECHNIBILT LTD. 401(K) PLAN is 22.51%.

TECHNIBILT LTD. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2019, the estimated aggregate retirement account investment gain/loss for TECHNIBILT LTD. 401(K) PLAN is 20.03%. This measures the effectiveness of the plan participants' investments in the year.

TECHNIBILT LTD. 401(K) PLAN Expense Ratio

In 2019, the investment and administrative expense ratio of TECHNIBILT LTD. 401(K) PLAN is 0.55%.

Enrollment Features

TECHNIBILT LTD. 401(K) PLAN 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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