LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN

At the end of 2022, the total retirement plan assets of LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN is $290,028.This plan was established in 2022.

At the end of 2022, the total number of retirement plan participants in LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN is 179

In 2022, the average participant retirement account value for LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN is $1,620

In 2022, the estimated average employee contribution amount per participant for LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN is $1,738

In 2022, the estimated average employer match for an employee in LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN is approximately $579

In 2022, LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN allocates $103,739 to match its employees’ contributions, providing an employer match rate of 66.65% of their contributions

In 2022, the investment and administrative expense ratio of LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) PLAN is 0.05%.

Enrollment Features

LARRY YOUNG PAVING, INC. PROFIT SHARING & 401(K) 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.