LOVELAND READY-MIX CONCRETE, INC. PS PLAN

Overview

Plan Contact

  • Address: P.O. BOX 299,LOVELAND,CO
  • Contact person: BRAD FANCHER
  • Phone: (970) 667-2680

Plan General Information


At the end of 2021, the total retirement plan assets of LOVELAND READY-MIX CONCRETE, INC. PS PLAN is $15,520,571.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in LOVELAND READY-MIX CONCRETE, INC. PS PLAN is 123

In 2021, the average participant retirement account value for LOVELAND READY-MIX CONCRETE, INC. PS PLAN is $126,183

In 2021, the estimated average employee contribution amount per participant for LOVELAND READY-MIX CONCRETE, INC. PS PLAN is $1,349

In 2021, the estimated average employer match for an employee in LOVELAND READY-MIX CONCRETE, INC. PS PLAN is approximately $16,995

In 2021, LOVELAND READY-MIX CONCRETE, INC. PS PLAN allocates $2,090,391 to match its employees’ contributions, providing an employer match rate of 1259.04% of their contributions

In 2021, the total retirement plan asset growth rate of LOVELAND READY-MIX CONCRETE, INC. PS PLAN is 27.72%

In 2021, the estimated aggregate retirement account investment gain/loss for LOVELAND READY-MIX CONCRETE, INC. PS PLAN is 13.34%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of LOVELAND READY-MIX CONCRETE, INC. PS PLAN is 0.02%.

Enrollment Features

LOVELAND READY-MIX CONCRETE, INC. PS 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.