GAMMA CONSTRUCTION COMPANY, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of GAMMA CONSTRUCTION COMPANY, INC. 401(K) PLAN is $7,857,216.This plan was established in 1994.

At the end of 2022, the total number of retirement plan participants in GAMMA CONSTRUCTION COMPANY, INC. 401(K) PLAN is 191

In 2022, the average participant retirement account value for GAMMA CONSTRUCTION COMPANY, INC. 401(K) PLAN is $41,137

In 2022, the estimated average employee contribution amount per participant for GAMMA CONSTRUCTION COMPANY, INC. 401(K) PLAN is $2,581

In 2022, the estimated average employer match for an employee in GAMMA CONSTRUCTION COMPANY, INC. 401(K) PLAN is approximately $71

In 2022, GAMMA CONSTRUCTION COMPANY, INC. 401(K) PLAN allocates $13,716 to match its employees’ contributions, providing an employer match rate of 2.98% of their contributions

In 2022, the total retirement plan asset growth rate of GAMMA CONSTRUCTION COMPANY, INC. 401(K) PLAN is -16.47%

In 2022, the estimated aggregate retirement account investment gain/loss for GAMMA CONSTRUCTION COMPANY, INC. 401(K) PLAN is -16.25%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of GAMMA CONSTRUCTION COMPANY, INC. 401(K) PLAN is 0.07%.

Enrollment Features

GAMMA CONSTRUCTION COMPANY, 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.