BJG ELECTRONICS, INC. 401(K) PLAN
Overview
Plan Contact
- Address: 141 REMINGTON BOULEVARD,RONKONKOMA,NY
- Contact person: SUZANNE BARRY
- Phone: (631) 737-1234
Plan General Information
At the end of 2022, the total retirement plan assets of BJG ELECTRONICS, INC. 401(K) PLAN is $8,985,119.This plan was established in 1996.
At the end of 2022, the total number of retirement plan participants in BJG ELECTRONICS, INC. 401(K) PLAN is 425
In 2022, the average participant retirement account value for BJG ELECTRONICS, INC. 401(K) PLAN is $21,141
In 2022, the estimated average employee contribution amount per participant for BJG ELECTRONICS, INC. 401(K) PLAN is $2,191
In 2022, the estimated average employer match for an employee in BJG ELECTRONICS, INC. 401(K) PLAN is approximately $225
In 2022, BJG ELECTRONICS, INC. 401(K) PLAN allocates $95,817 to match its employees’ contributions, providing an employer match rate of 10.34% of their contributions
In 2022, the total retirement plan asset growth rate of BJG ELECTRONICS, INC. 401(K) PLAN is -21.12%
In 2022, the estimated aggregate retirement account investment gain/loss for BJG ELECTRONICS, INC. 401(K) PLAN is -17.43%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of BJG ELECTRONICS, INC. 401(K) PLAN is 0.48%.
Enrollment Features
BJG ELECTRONICS, INC. 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.