IRONSHORE CONTRACTING, LLC 401(K) PLAN

Overview

Plan Contact

  • Address: 100 HAVERHILL ROAD,BALTIMORE,MD
  • Phone: (443) 552-5732

Plan General Information


At the end of 2021, the total retirement plan assets of IRONSHORE CONTRACTING, LLC 401(K) PLAN is $896,307.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in IRONSHORE CONTRACTING, LLC 401(K) PLAN is 111

In 2021, the average participant retirement account value for IRONSHORE CONTRACTING, LLC 401(K) PLAN is $8,074

In 2021, the estimated average employee contribution amount per participant for IRONSHORE CONTRACTING, LLC 401(K) PLAN is $754

In 2021, the estimated average employer match for an employee in IRONSHORE CONTRACTING, LLC 401(K) PLAN is approximately $800

In 2021, IRONSHORE CONTRACTING, LLC 401(K) PLAN allocates $88,903 to match its employees’ contributions, providing an employer match rate of 106.17% of their contributions

In 2021, the total retirement plan asset growth rate of IRONSHORE CONTRACTING, LLC 401(K) PLAN is 6.80%

In 2021, the estimated aggregate retirement account investment gain/loss for IRONSHORE CONTRACTING, LLC 401(K) PLAN is 13.85%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of IRONSHORE CONTRACTING, LLC 401(K) PLAN is 0.89%.

Enrollment Features

IRONSHORE CONTRACTING, LLC 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.