TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT

Plan Contact

  • Address: 802 EAST AVENUE J,GRAND PRAIRIE,TX
  • Contact person: RANDY COSTLEY
  • Phone: (248) 690-8416

Plan General Information

TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT Total Retirement Plan Assets

At the end of 2018, the total retirement plan assets of TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT is $3,457,515.00.This plan was established in 2014.

TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT Total Number of Retirement Plan Participants

At the end of 2018, the total number of retirement plan participants in TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT is 141

TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT Average Participant Retirement Account Value

In 2018, the average participant retirement account value for TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT is $24,521.00

TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT Estimated Average Employee Contribution Amount

In 2018, the estimated average employee contribution amount per participant for TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT is $4,167.00.

TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT Estimated Average Employer Match

In 2018, the estimated average employer match for an employee in TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT is approximately $1,855.00
Investing in this additonal $1,855.00 for 20 years would give you extra $118,754.00, assuming a 10% annual return.

TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT Total Employer Contribution and Match Rate

In 2018, TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT allocates $261,631.00 to match its employees' contributions, providing an employer match rate of 89.04% of their contributions

TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT Total Retirement Plan Asset Growth Rate

In 2018, the total retirement plan asset growth rate of TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT is -1.47%.

TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT Estimated Aggregate Retirement Account Investment Gain/Loss

In 2018, the estimated aggregate retirement account investment gain/loss for TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT is -4.16%. This measures the effectiveness of the plan participants' investments in the year.

TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT Expense Ratio

In 2018, the investment and administrative expense ratio of TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT is 0.71%.

Enrollment Features

TEXSTARS, LLC AND GEMCOR AUTOMATION, LLC 401(K) FOR BARGAINING UNIT 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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