EARL OWEN COMPANY, INC. 401(K) PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 1235 W TRINITY MILS,CARROLLTON,TX
  • Contact person: LISA BATSON
  • Phone: (469) 892-2424

Plan General Information


At the end of 2022, the total retirement plan assets of EARL OWEN COMPANY, INC. 401(K) PROFIT SHARING PLAN is $11,630,191.This plan was established in 1985.

At the end of 2022, the total number of retirement plan participants in EARL OWEN COMPANY, INC. 401(K) PROFIT SHARING PLAN is 158

In 2022, the average participant retirement account value for EARL OWEN COMPANY, INC. 401(K) PROFIT SHARING PLAN is $73,608

In 2022, the estimated average employee contribution amount per participant for EARL OWEN COMPANY, INC. 401(K) PROFIT SHARING PLAN is $2,773

In 2022, the estimated average employer match for an employee in EARL OWEN COMPANY, INC. 401(K) PROFIT SHARING PLAN is approximately $2,419

In 2022, EARL OWEN COMPANY, INC. 401(K) PROFIT SHARING PLAN allocates $382,219 to match its employees’ contributions, providing an employer match rate of 85.33% of their contributions

In 2022, the total retirement plan asset growth rate of EARL OWEN COMPANY, INC. 401(K) PROFIT SHARING PLAN is -33.37%

In 2022, the estimated aggregate retirement account investment gain/loss for EARL OWEN COMPANY, INC. 401(K) PROFIT SHARING PLAN is -18.81%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of EARL OWEN COMPANY, INC. 401(K) PROFIT SHARING PLAN is 0.69%.

Enrollment Features

EARL OWEN COMPANY, INC. 401(K) PROFIT SHARING 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.