BARNHART CRANE & RIGGING COMPANY 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of BARNHART CRANE & RIGGING COMPANY 401(K) PROFIT SHARING PLAN is $117,139,778.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in BARNHART CRANE & RIGGING COMPANY 401(K) PROFIT SHARING PLAN is 1072

In 2022, the average participant retirement account value for BARNHART CRANE & RIGGING COMPANY 401(K) PROFIT SHARING PLAN is $109,272

In 2022, the estimated average employee contribution amount per participant for BARNHART CRANE & RIGGING COMPANY 401(K) PROFIT SHARING PLAN is $6,380

In 2022, the estimated average employer match for an employee in BARNHART CRANE & RIGGING COMPANY 401(K) PROFIT SHARING PLAN is approximately $5,402

In 2022, BARNHART CRANE & RIGGING COMPANY 401(K) PROFIT SHARING PLAN allocates $5,791,364 to match its employees’ contributions, providing an employer match rate of 84.68% of their contributions

In 2022, the total retirement plan asset growth rate of BARNHART CRANE & RIGGING COMPANY 401(K) PROFIT SHARING PLAN is -11.48%

In 2022, the estimated aggregate retirement account investment gain/loss for BARNHART CRANE & RIGGING COMPANY 401(K) PROFIT SHARING PLAN is -14.39%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BARNHART CRANE & RIGGING COMPANY 401(K) PROFIT SHARING PLAN is 0.21%.

Enrollment Features

BARNHART CRANE & RIGGING COMPANY 401(K) PROFIT SHARING 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.