LEE HY PAVING CORPORATION 401(K) PLAN

Overview

Plan Contact

  • Address: 2100 QUARRY HILL ROAD,ROCKVILLE,VA
  • Contact person: BEN CORFIELD
  • Phone: (804) 364-3015

Plan General Information


At the end of 2022, the total retirement plan assets of LEE HY PAVING CORPORATION 401(K) PLAN is $11,732,612.This plan was established in 2022.

At the end of 2022, the total number of retirement plan participants in LEE HY PAVING CORPORATION 401(K) PLAN is 144

In 2022, the average participant retirement account value for LEE HY PAVING CORPORATION 401(K) PLAN is $81,476

In 2022, the estimated average employee contribution amount per participant for LEE HY PAVING CORPORATION 401(K) PLAN is $4,240

In 2022, the estimated average employer match for an employee in LEE HY PAVING CORPORATION 401(K) PLAN is approximately $922

In 2022, LEE HY PAVING CORPORATION 401(K) PLAN allocates $132,788 to match its employees’ contributions, providing an employer match rate of 21.75% of their contributions

In 2022, the total retirement plan asset growth rate of LEE HY PAVING CORPORATION 401(K) PLAN is -4.44%

In 2022, the estimated aggregate retirement account investment gain/loss for LEE HY PAVING CORPORATION 401(K) PLAN is 2.23%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LEE HY PAVING CORPORATION 401(K) PLAN is 0.01%.

Enrollment Features

LEE HY PAVING CORPORATION 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.