KAST CONSTRUCTION 401(K) PLAN

Overview

Plan Contact

  • Address: 701 NORTHPOINT PARKWAY,WEST PALM BEACH,FL
  • Contact person: CINDY PERIH
  • Phone: (561) 689-2910

Plan General Information


At the end of 2021, the total retirement plan assets of KAST CONSTRUCTION 401(K) PLAN is $25,065,034.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in KAST CONSTRUCTION 401(K) PLAN is 288

In 2021, the average participant retirement account value for KAST CONSTRUCTION 401(K) PLAN is $87,031

In 2021, the estimated average employee contribution amount per participant for KAST CONSTRUCTION 401(K) PLAN is $6,834

In 2021, the estimated average employer match for an employee in KAST CONSTRUCTION 401(K) PLAN is approximately $4,146

In 2021, KAST CONSTRUCTION 401(K) PLAN allocates $1,194,177 to match its employees’ contributions, providing an employer match rate of 60.67% of their contributions

In 2021, the total retirement plan asset growth rate of KAST CONSTRUCTION 401(K) PLAN is 28.02%

In 2021, the estimated aggregate retirement account investment gain/loss for KAST CONSTRUCTION 401(K) PLAN is 12.34%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of KAST CONSTRUCTION 401(K) PLAN is 0.13%.

Enrollment Features

KAST CONSTRUCTION 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.