CABLE EAST INC – 401K

Overview

Plan Contact

  • Address: 1940 STATHAM DRIVE,STATHAM,GA
  • Contact person: MELISSA POZO
  • Phone: (470) 499-5018

Plan General Information


At the end of 2022, the total retirement plan assets of CABLE EAST INC – 401K is $3,654,856.This plan was established in 2019.

At the end of 2022, the total number of retirement plan participants in CABLE EAST INC – 401K is 211

In 2022, the average participant retirement account value for CABLE EAST INC – 401K is $17,321

In 2022, the estimated average employee contribution amount per participant for CABLE EAST INC – 401K is $3,009

In 2022, the estimated average employer match for an employee in CABLE EAST INC – 401K is approximately $1,658

In 2022, CABLE EAST INC – 401K allocates $350,043 to match its employees’ contributions, providing an employer match rate of 58.60% of their contributions

In 2022, the total retirement plan asset growth rate of CABLE EAST INC – 401K is 3.39%

In 2022, the estimated aggregate retirement account investment gain/loss for CABLE EAST INC – 401K is -11.09%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of CABLE EAST INC – 401K is 0.49%.

Enrollment Features

CABLE EAST INC – 401K 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.