AARON CONCRETE CONTRACTORS, L.P. 401(K) PLAN

At the end of 2021, the total retirement plan assets of AARON CONCRETE CONTRACTORS, L.P. 401(K) PLAN is $6,038,114.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in AARON CONCRETE CONTRACTORS, L.P. 401(K) PLAN is 107

In 2021, the average participant retirement account value for AARON CONCRETE CONTRACTORS, L.P. 401(K) PLAN is $56,430

In 2021, the estimated average employee contribution amount per participant for AARON CONCRETE CONTRACTORS, L.P. 401(K) PLAN is $4,289

In 2021, the estimated average employer match for an employee in AARON CONCRETE CONTRACTORS, L.P. 401(K) PLAN is approximately $1,903

In 2021, AARON CONCRETE CONTRACTORS, L.P. 401(K) PLAN allocates $203,636 to match its employees’ contributions, providing an employer match rate of 44.37% of their contributions

In 2021, the total retirement plan asset growth rate of AARON CONCRETE CONTRACTORS, L.P. 401(K) PLAN is 19.51%

In 2021, the estimated aggregate retirement account investment gain/loss for AARON CONCRETE CONTRACTORS, L.P. 401(K) PLAN is 13.24%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of AARON CONCRETE CONTRACTORS, L.P. 401(K) PLAN is 0.61%.

Enrollment Features

AARON CONCRETE CONTRACTORS, L.P. 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.