UNDERGROUND CONTRACTORS, INC. 401(K) PLAN
Plan Contact
- Address: 30561 ANDERSON CT,WIXOM,MI
- Contact person: KENNETH SOCHOWICZ
- Phone: (248) 669-2510
Plan General Information
UNDERGROUND CONTRACTORS, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of UNDERGROUND CONTRACTORS, INC. 401(K) PLAN is $2,672,938.00.This plan was established in 1995.
UNDERGROUND CONTRACTORS, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in UNDERGROUND CONTRACTORS, INC. 401(K) PLAN is 167
UNDERGROUND CONTRACTORS, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for UNDERGROUND CONTRACTORS, INC. 401(K) PLAN is $16,005.00
UNDERGROUND CONTRACTORS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for UNDERGROUND CONTRACTORS, INC. 401(K) PLAN is $2,189.00.
UNDERGROUND CONTRACTORS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of UNDERGROUND CONTRACTORS, INC. 401(K) PLAN is 26.34%.
UNDERGROUND CONTRACTORS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for UNDERGROUND CONTRACTORS, INC. 401(K) PLAN is 17.38%. This measures the effectiveness of the plan participants' investments in the year.
UNDERGROUND CONTRACTORS, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of UNDERGROUND CONTRACTORS, INC. 401(K) PLAN is 0.22%.
Enrollment Features
UNDERGROUND CONTRACTORS, INC. 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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