ARC3 GASES, INC. 401(K) PLAN
Overview
Plan Contact
- Address: 1700 CHAMBERLAYNE AVE,RICHMOND,VA
- Contact person: BRAD WARRICK
- Phone: (804) 644-4521
Plan General Information
At the end of 2022, the total retirement plan assets of ARC3 GASES, INC. 401(K) PLAN is $59,377,402.This plan was established in 1999.
At the end of 2022, the total number of retirement plan participants in ARC3 GASES, INC. 401(K) PLAN is 694
In 2022, the average participant retirement account value for ARC3 GASES, INC. 401(K) PLAN is $85,558
In 2022, the estimated average employee contribution amount per participant for ARC3 GASES, INC. 401(K) PLAN is $5,239
In 2022, the estimated average employer match for an employee in ARC3 GASES, INC. 401(K) PLAN is approximately $2,718
In 2022, ARC3 GASES, INC. 401(K) PLAN allocates $1,886,760 to match its employees’ contributions, providing an employer match rate of 53.59% of their contributions
In 2022, the total retirement plan asset growth rate of ARC3 GASES, INC. 401(K) PLAN is -9.95%
In 2022, the estimated aggregate retirement account investment gain/loss for ARC3 GASES, INC. 401(K) PLAN is -13.64%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ARC3 GASES, INC. 401(K) PLAN is 0.12%.
Enrollment Features
ARC3 GASES, 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.